The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
The exercise warrants amounted to about 2 million shares which amounts to about 1% of the total shares in circulation. Amati dropped a million shares or 1% of their holding, therefore they defiantly sold. they have also had enough of poor management and lack of sales and are therefore lowering their exposure to the company. the will sell more in mu opinion as this looks very bad for their portfolio performance. plus we consistently see blocks of 50000 and 20000 dropping
Seems like the beginning of a sell off. brokers notes are totally worthless. I really dont understand why people put so much weight on them. It I have never ever known them to make more than zip difference.
Laconic,
surely 50 applications were ready to go on the 3rd of January all nicely pre-written in anticipation of approval.
I think the current SP action says a lot about what the market is currently thinking of our wonderful BOD.
7 months without sale of a single machine. This is starting to become a little embarrassing for the company. Granted they managed to secure a decent partner ship and sold one canister, but it's not looking great for them or us for that matter. I will give it a few more months but then its time to move on and cut my losses I think.
Because they received it late June and the document is probably a million pages thick and it will take some time to read, then to condense into something the idiots on this board can understand without tripping over their own feet. then get it passed nomad before issuing a RNS. Or the buyer doesn't want it released before sale.
Only another 6 months or so and we will know exactly where we are. drop/ drill, JV /buyout sunrise developments, potential raise. sp up or down. I am sure it will come down to last raise prices. so plenty of opportunity to buy in low, huge potential upside though.