The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Sdon
Not obliged to, but an astute CEO would recognise that the lack of info re progress of LFT sales are what is dragging the price down. The same phenomenon is afflicting EUA, in which I an also invested. Prolonged lack of real information and/or action has induced a 50% + drop there too.
For me a double whammy.
SDon
I think a drop of over 16% in price since the RNS re AVA6000 trial start is a bit more than a fluctuation and £2.80 down to £1.04 is definitely NOT a fluctuation.
And now the Chief Scientific Officer and the entire Scientific Advisory Board have resigned apparently. The SP will be on the floor in the morning. Also a bit more thana fluctuation.
This security (not much of that lately) has fallen from £1.40 to£1.04 in 23 days despite constantly more bought than sold (2.1 to 1.2 million today) with no news of any kind. Why is our Chief Executive still hiding and saying nothing. He is disgracefully unprofessional and costing people their savings.
But I'm still a holder. Can anyone help me to continue to believe. Another week or so of this and I will be broke.