The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
IMO I think it will open down, MMs pick up the cheap stock and then a rise to 8/9. MMs will certainly look to make some money out of this.
When this relisted in exactly the same terms as now, it swung from lows of 4.5 to highs of 17. Nothing has changed except for the expected extension. Come Monday there will be a lot of action in here, Twitter is already rife with the usual lot!
Anything around this level will be great. Day traders will have a field day some Monday. Should be exciting.
Only slightly down at the moment, I’ll take this opportunity to top up and lower my average. Nothing we didn’t know before in this RNS.
Don’t forget the new contracts such as Morrisons that we know they have picked up but they have not announced. The outgoing company, CJ Johnston, posted on their Facebook they lost the contract to ESL!
The fund raise was known and they now have an additional 6 months to get this in order. It also states they are already in talks with potential investors. The only bad thing I can see was the timing they released it.
So we’ve been granted an extension and a plan is in place to raise the funds - speaking to potential investors. This was all known and the extension will be a bonus. Sheer panic sells and stop losses hit!
“Are you talking about yourself?” - what a petty playground comeback.
I don’t think you can say you’ve been right when there has been no news. Nothing has changed since this was 14/15p except volume has dropped off by people chasing rainbows elsewhere. I see no logical reason to be on this board daily with negative connotation to every point unless deramping or shorting. Just my opinion, no need to respond.
Promising tweet from the incoming CEO - Cheryl Calverley this eve:
“For the first time since lock down, today we have seen a 'normal shape' to our traffic and sales. Ie more in the evening. Are people back at work?“
I agree on that. Little movement on big buys until The end of the day but a little sell drops the SP
Couple of biggish sells brought it down but looks to have reversed already
I would hope Channel 4 will be pushing Eve as much as possible. They have recently acquired 4.3% of the company through their investment arm - 4 ventures.
Topped up some more this morning.
The SP should never have been at these levels. Hopefully the deserved rise to over 2p is on the way
Big UT trade today?
Picked some up a bit earlier and it’s showing as a sell!
Not able to buy anything this morning!
I’ll be picking up more first thing in the morning if it stays at this level!
Handful of ACTX cross trades gone through as well. Something is happening in the background..
The 287k sell is showing as a PRIC trade flag on London stock exchange website. Anyone seen this before or know what it means?