The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
What’s happening? The sp appears to have gone up only because Troaj farted.
Here’s hoping SJ.
Good news then hopefully Troaj, and it’s about time. I notice we are up here today, without any trades yet showing. It’s mad.
SJ, good post re spinning Kosovo, if it means we can add money to our coffers. At this stage it would be wishful thinking perhaps, but I’d be most pleased if we just recouped what we invested there.
I’m hoping Finland is more progressive this year as well, because we could do with it.
Cheers matey.
I’m glad you are here Troaj. Good link, as usual. You are Mr Overall, overall picture. Lol.
Suzy me lovely, only a month and a bit now until Swe-Gov Appeal submission.
Just saying. 🙂
Night night.
Happy New Year. xx
I enjoyed your last post Sooz. Lol.
🙂
Yes, I don’t mind the time chart, only the sp, but I’d prefer more news from each project to drive and sustain momentum and obviously interest.
Have to see.
Hi Sooz, depending on what the happens with the next fundraise, I can’t buy more, so I guess I could have nothing left except onwegoingness, but I really like that word.
:-)
Evie Nighttime. xx
Prof, good point, I’m not sure what my overall average is now, it’s single figures, but I only know that I’m over 30% down on the shares I bought under the last fundraising event. I think my overall average is roughly 9p.
Hi SJ, fair enough re Ed, I’m just really worried about the state of the sp and the next fundraise, but I also don’t yet feel safe in Ed’s hands, after his first six months.
We know that we are awaiting this Appeal result, but really, Ed has done very little, except visit the other two projects (as he has with Kal) to promote those projects and drive value there. It doesn’t look as if he will be doing so, or is bothered perhaps to do so, before the next fundraise. He hasn’t referred to existing shareholders, he’s taken over the reins from Kurt and kept his distance from us. On purpose.
It is obvious that the sp needs to be higher, unless a financial arrangement can be arranged without either mass dilution or penalty to BEM, and on favourable terms for us, considering our assets. On the last fundraise, with a 40% discount given to the then prevailing sp, existing holders were really shafted, unless we had spare funds.
But the sp has only gone down further since Budgie left, by a margin of roughly 30% within the six month period since.
The mystery six month review sprung on us took the biscuit, so I’m very wary of Ed, and with him not engaging via RNS after he immediately took over, I’m not keen. I can’t warm to him.
My opinion only.
Holy crap. I can’t afford to do that at all, I only just managed it last time, so will have to either sell everything and risk buying back or just hold and hope while taking getting kicked in the plums again.
I love what you’ve said there.
Night night. Rest well. x
Sooz, I love watching this. One of my faves:
https://youtu.be/C1ZL5AxmK_A?si=dJDUaFT0v8Rw0lKX
Yes. Rolling into another year for us. Doh!
How about Christian:
https://youtu.be/uOb_K4v1Kto?si=dQ18I-wuNBF3xPuh
Morny Sooz. Yes, doubt that long-termers would have sold, good point. The Spotlight lot do tend to panic though. Lol.
Positive this year is that we are still in the game. With the prize asset.
Roller, yes, we’ve had to dig for snippets of news. Not great really, but there should be much happening next year matey. We trust.
Have a decent weekend.
Hi Sooz. I agree with that, although an RNS to confirm things (not only a LinkedIn post) would have been apt, considering, as you rightly say, some people, including our shareholders, may have read the article only once, error in place.
Maybe a timely RNS would have prevented more folks from selling. I do also appreciate that some will have bought as well, but this incident with the sp should not have happened. Especially without any apology from the culprit.
Evie Friday eve.