Placement will have impacted on the shareprice on the 10th March. If funding is required far better to borrow money this way imo, no interest or long term debt.
Also invested in a company called Kr1, my understanding is that its like a dragons den for crypto start ups. 12 months ago it was 2p a share its now 150p a share (book value) having peaked at 256p(profit taking driving price down I assume).
Three year graph looks good but I think the 5 year graph puts it in perspective, to me the restaurant group looks a better recovery play, might have a dabble myself.
Looking at 12 month chart seems like in exactly same price position as 12 months ago to which it climbed to about 247p before going final ex.(in roughly 6 weeks time)
Key point for me is the reorganisation and improvement to m&g funds over the past 12 months. A year ago just 16% of their funds performed over median, thats now up to 76% of funds( ref ceo interview). M&g has been pretty much buried brand wise under prudential ownership for 20 years.
Its tricky as other bits need to be weighed up like will there be eps growth in the short, medium and long term windows. Pe ratios and comparitive alternatives but lets be honest there are few companies paying decent yields currently.