The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Sorry Pdub that's a very naive comment.
The short position is minimal and if you look at the trades it is a someone selling his position.
You need to sometimes take the blinkers off. We all make trading mistakes and at the moment this is car crash.
I sold my small position a few days ago after considering my options. I wish everyone well here and hope it recovers.
Personally I think it's good news for the future that the CEO has gone. He's also probably tired of all the shareholder abuse.
I may well add to my holding when the dust settles.
I think it shows that the company is concerned about its performance to shareholders.
Time will tell over the next six months. GLA
Have to say the program on South Africa was alarming. The amount of corruption, gangs stealing anything they can get hold of and the constant power cuts. It did not show South Africa in a good light and shows they have serious issues. 30 million people living in poverty. What a country. Bit like the UK.
Market cap is 2.15m.