The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Secret trader
That is a good observation. Increased security and increase the costs. Us shareholders have funded this enough. Having said that, TK is not our only concern. They will do well not to do another fund raise earlier than they anticipated as they could not have foreseen an escalation enough to warrant an SOE close by.
Not good reading, El Dave.
The paragraphs from that article that may impact us are:-
'Friday's order gave the government powers to impose curfews, restrict movement, ban the carrying of guns and other sharp objects, ban public gatherings, and to make arrests and conduct searches without warrants.'
'The orders applied to Amhara for now, but could be imposed in other areas if needed, the government said.'
We hope that it will not impact us too much or we are well and truly up the swannee!!!
This could have implications moving forward or not, whichever is the case as October is edging ever so closer.
There are going to be so many unknowns until an RNS comes out.
The security levels MUST be escalated, I would have thought, but will it come at an additional cost?
Surely, all their concentration now will be to get Saudi supercharged.
Is Ethiopia proving to be a step too far?!