The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Oldtimer1963 out? This morning? With profits? (Not many).
Means this board will be less cluttered - for the next few days at least.
Unless he sold out at .105 and he decided to get in at the rock bottom bargain price of .095!
ADVFN also showing a late buy at 16.41 - 5,000,000 at .138
LSE gave me a small wobble. Playing up.
Buy at 0.15, sell at 0.14 and share price 0.129 - a drop of -0.77%.
Fortunately advfn showing the correct price.
This is also an advantage over Selftrade (Equinity) as well. Frustrating that
(i) if you sell shares you have to wait at least 2 days to transfer to your bank
(ii) EVEN if you top up with cash from your bank - you CAN'T transfer it back for 2 days - ludicrous.
This is not new news to those of us who research fully, so why repost the RNS with a few dampener comments?
Anyway, PIs will be among the last to know....happy to note the 40% rise today so far (as I am sure Mr Odey is as well).
Happy to let the numbers speak.
With 52 employees and revenue of $3.8m, then it's not surprising there's little to show for profit.
However, that's not exactly the point with regard to the IPO. Potential for development, growth, maybe finally takeover, inter alia.
If Owler.com is correct and revenue was $3.8m, that's encouraging - at this stage.
Oldtimer1963. Here's hoping (with regard to your 10:17 posting).
Yoav Keren in his most recent appearance said the company was still making a loss and most of its cash was being spent on marketing and promotion. So, a £200m IPO value might be a bit of a stretch. Even so, many other avant-garde companies have been generously (over?) valued and so we might be lucky. If the IPO is tiny (£50m - Oldtimer1963) the resultant £10m for us would only mean a 40% or so uplift to a little over the share swap price. I don't think Mr Akers and LTHs would be wholly satisfied with that.
Baraboy...a little naive.
Hargreaves, A J Bell and Equiniti et al. are simply stock dealers for private investors.
I hold my modest holding (£4660) shares via Equiniti so I account for ca. 7.5% of their £63.0k holding.
The POW connection is very marginal concerning African minerals....somewhat misleading.
Quite a few chunky 5m buys this morning - bodes well, as long as they are held by investors with stick fingers.
I have looked into VLU after James Goozee mentioned it on his Twitter feed. He has recently been building a stake on the lithium prospect PREM - currently owns an 8% stake. I was expecting his statement of interest might have produce a small flurry of buys from PREM speculators. Looking at the figures, this does not seem to have materialised.
The cash and earning figures look robust and the gas prospects are quite alluring.
Considering a punt.
Good find - thanks.
Some contrarian intelligent guy has invested £11k - a bargain - under the 25p that Ganfeng paid a few months ago.
Also, the accompanying £11.6k trade is not to be sniffed at either :)
2 chunky 10m buys. Slighly bemused why these didn't nudge the share price a little higher as this share is quite sensitive to such purchases.