The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I'm in the same situation.
Very upbeat presentation and then radio silence on everything.
They can't keep placing as 2p was a disaster and now 1p is going the same way.
But it could turn overnight. Just need to get a move on.
I think we as shareholders should write to the company and ask what is going on.
But as I can imagine Nigel lives in his old world and shows contempt for long term holders.
As for have an NDA it must be the longest one in history. Hardly working.
i think your find a lot of the trades over the last week have been the placement sold.
i also don't think it matters what price the shares have been sold out to raise the money.
yes someone may well be accumulating but at this ridiculous price why not.
but the ceo takes the biscuit for the second time for a very lazy placing.
he does not give a ****e about lth
Sorry but you raise 350k but you wipe over 30% plus off the market cap. Don't explain why.
Its aware this has been coming to people in the N4P inner circle. So its more like 40%
Must go to a different business school than the CEO.