The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
From wiki:
"As of November 2018, ByteDance had over 800 million daily active users (over 1 billion adaccumulated users) across all of its content platforms.[8][9] The company was valued at $78 billion and is considered one of the most valuable unicorns in the world".
They invested in July 2019 so they are up or down - difficult to tell imo.
Had smal punt @3p. hope it continue tomorrow.
It's from yesterday big sell witch took down share price imo.
Just wonder -Dr Satu Vainikka and Dr George Morris are no longer directors of the Company but maybe they are still on pay roll in newly formed subsidiaries as a independent advisers for example (so no employees ).
After all Dr Suzanne Dilly- has been an employee of the Group since April 2014 when she was appointed Chief Executive Officer ValiSeek Limited, a subsidiary of the Company so they are buddies imo.
This could be very interesting here. We could be t/o target in future imo:
"Indorama Corporation is one of Asia’s leading chemical holding company.It is the largest producer of polyolefins in West Africa, the largest producer of fertilizers in Sub-Saharan Africa, and one of the largest producer of synthetic disposable gloves in the world. It is also a geographically diversified producer of spun yarns.
Along with its affiliate Indorama Ventures in Thailand, Indorama operates over 70 manufacturing sites in over 30 countries and employs over 30,000 people worldwide. Indorama Ventures is the largest producer of polyester products in the world with plants in five continents and also one of the biggest producer of polyester feedstocks."
As you know there are 10 mil warrants outstanding 5 mil @ 20p and 5 mil @ 25p worth £2 mil to SYM issued to Vincel /Indorama Corporation, Singapore.
They were happy to invest @12.5p last year when share price was @ 7-8p.
Surely they will be happy to exercise some when they are in profit on investment and on the money on warrants imo. gla
Tomorrow it's next day. There will be more RNSs and more chances to sell. Today trades are exiting
so be it. gl holders.
ca. 47-48p close in US no drama tomorrow but also no fireworks imo. RNS may change this....
Volume in US 50mln shares traded already .Wow
Open @ 48-50p in US and where then.........??
aIn US pre market ca .60p. Looking good.
$5 it's ca. £1*!!*!* gla
More like 28.5p. Good volume ca. 7.3 mln shares. Do they know something in US but we don't or what?? Need some RNS to get this going imo.
Maybe Higgs know no more that we know and today he panicked and dumped all?? Opportunity to buy more?
Time will tell ...imo.
Mates rates *!!*
"Krupa Global Investments a.s., Ceské Lithium a.s. (Czech Lithium) and partners (“KGI”) is launching voluntary tender offer (‘‘VTO‘‘) for up to 29.9% of issued share capital with voting rights of European Metals Holdings Limited (“EMH”). KGI is currently holding 1.910.000 shares of EMH, more than 1% of issued capital.
KGI is offering 15.5 GBP or 0.283 AUD per share if VTO is successful. The price represents 9.5% premium to June 10, 2020 closing price of 14.02 GBP or 7.7% premium to 180 day moving average price of 14.31 GBP. The tender offer will be valid, when acceptance threshold of 20% of all outstanding shares of EMH will be reached amongst shareholders within 30 days acceptance period from the offer date."
I have small holding hire -will try top up tomorrow and will be watching closely in the morning as well gla.