The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Thank you for your replies.
Final question, if I do not take action on 5th June, will I also loose the existing 4,934 shares? they are worthless but, still worth keeping it until judgment day, but I don't feel I want to buy more shares.
Superdry PLC (SDRY) has announced a rights issue at a ratio of 6.92146705 new share(s) for all 1 shares held at market close on May 21, 2024. The subscription price for this event is p 1 per new share.
You held 4934.72473 SDRY share(s) on ex-date, which allows you to purchase 34155 additional share(s) for a total of €400.76.
To subscribe to the full rights release, click here.
Make sure you have enough money in your account to place this order.
If you do not take action before the instruction deadline on June 5, 2024, your rights will expire and become worthless
Graph looks like its recovering.
Yesterday the superdry Store at Gatwick airport was open and looking good. A fair amount of people looking around. I actually like the styles they have. If they dropped the price a bit I would have bought it. I.e. the khaki shorts with pockets on the thigh was 50quid, I would have bought it if it was 30 to 40. Younger market cant afford such high prices.
I think who ever buys out superdry should launch a new logo design. Obviously something like SD or sDry or whatever ... the word Superdry is just too long now.
I am thinking in terms of The crappy Dacia car. They changed their Logo to DC and it looks more up to date and the car is now a best seller.
Kia logo looks cool.
So Superdry still can go a long way in my opinion, it just needs some updates done to it.
Wasarunner, thanks, and interesting story. If ever you feel that you would like to try small scale mining I am looking to expand exploration on my permit called Tekeledougou where Cora gold have worked on the permit for me. Mining for gold is easier than Nickel. You could email me on "mark325i at hotmail dot com" if you wish. All the best.
It is hard to believe that...
1) 100% owned. This is important.
2) Feasibility studies are completed showing a few $billion deposit.
3) Loans granted
4) 50% to 60% of the processing plant built
5) On time.
... with all this, and at a stage of near completion and there is no one is interested in this project? This is hard to believe,
This mine is comparable to the Glencore mine, sort of similar spec in terms of grade and life of mine.
Seems a bit odd to me.
This will bounce back easily. The plant is in the process of being built, 40% was built in Jan24.
I know In gold mining terms, a plant cost $80/$100m to build.
Does anyone have the stat of this mining operation:
Projected life of of the mine in years? and approx. output per year?
I am new to superdry and getting to grips with the latest.
They asked Hilco for a $10m loan on 11march24. Did they get this? If not an awful lot to keeping them alive, so maybe a bridge loan while they are working on a plan.
(Also I don't like the JD guy, his wife comes across as a gold digger and would tell him no to superdry??? )