The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Agreed this will now go back to £1.50 range until further exciting news..
Any LTH knows that this is yet another great step forward in the field of biotherapeutics and anybody that made the decision to sell today must not have done their research on the company and what is has in store for a very bright future.
Hopefully the new TDT is going to be more positive. The first post is a good start.
Nice to see you back ;-)
It looks like I was right. MM’s we’re playing games. I feel for the investor that must of panicked this morning and gave them 10,000 pounds worth of shares @ 21.50.
Anyone who sold today must me kicking themselves
GLA
Thanks once again urban fox your posts are so informative and reassuring.
The buys seem to be out weighing the sells today Funny how the MM’s have lowered the price. However I don’t think anyone is falling for it. Why would anyone want to sell their shares? There’s no downside here, It’s like a free bet....
Clearly good news is now in the bag, we only have 1 day to TOP UP...
They must have been working on this deal for some time, as we know Odey has waited a long time for this moment and it will be great to know we have all been rewarded with some amazing value in this world Class asset.
House Broker looking to BUY up any shares from anyone who needs to sell today, they have buyers lined up. Other side of the suspension we will see a complete re-rating by the broker.
Dr Suzy Dilly, Chief Executive Officer commented: "I am delighted to be able to share these exciting results today, which are an accumulation of a lot of work by the wider team, both within and external to ValiRx. While considering these results it is important to remember that this is only the first clinical trial using VAL201, so this data has been generated using the utmost caution in sequentially dosing patients. Nevertheless, the headline results clearly demonstrate that VAL201 has the potential to be a safe and well-tolerated drug. With this data in hand, future studies will investigate optimal dosing strategies for VAL201 and help confirm these early indications of a positive response rate."
Seems to be happy with results to me.. oh but what does she know LOL
Longjohnantimony
We need to take in to account that the relationship between TSTR and the Omani’s is Acrimonious to say the least otherwise why would they call in the arbitrator. This would be the reason for radio silence. The Omani’s will be giving Tri Star as little information as possible especially if they are negotiating some kind of deal.
Longjohnantimony
You say RVS34 could be right. Where is the proof to back up these outlandish claims...
Of course there is plenty of feedstock how do you think they were able to get to 50% capacity and have stated they will be at 100% by end of Q1 2021. They are being offered feedstock all the time and it wouldn't make commercial sense to enter into a long term contract. They will obviously negotiate the best possible deals when required.
BTW I noticed on your last post you had a positive gut feeling about tstr - my gut feeling is we have a few de-rampers here trying to buy cheap shares. Judging by the closing SP it doesn't look like any of the investors wish to give them away.
RVS34
LOL - surprised to see a de-ramper on this share must require a short.
Filtered
A great read UrbanFox, it's reassuring to be reminded of the great asset that we have in tstr.
Good luck to all!
Also, I would be very surprised if Odey would walk away from this investment with just his money back. Surely a man like him would have a lot of pride and this wouldn’t look good amongst his followers. Anyway, I’m sure that we all want a good outcome.
GLA
Thanks for your opinions Osakakobe most of which I can concur with as we stand at present. However, please remember that the SP was only marked down from around 40p to below 20p due to the fateful RNS back in January with the fallout between TSTR and the Omani’s over financing. If you remember, the RNS six weeks previous was very positive. Adrian Collins ( Chairman of Tri Star) commented “ Given the robust market fundamentals for our products including high-grade antimony ingots, antimony trioxide and gold dore together with the planned ramp up of production, SPMP is at a tipping point, which we believe will see shareholders rewarded for their support.”
I believe that the SP should at the very least hold this level, However with agreement made by all parties a current valuation for the company would far exceed that level especially if the timelines stay on target with production.
V. Interesting 2 large trades put though after hours @ 28p.
Your thoughts?
Definition of IMMINENT (adjective): likely or certain to happen very soon.
I guess its down to interpretation....
Is this the same Randox in March?
According to the register of MPs’ financial interests, Owen Paterson is a paid consultant to Randox Laboratories, a company that is selling COVID-19 tests online.