The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Dips really don't last long around here. Few impatient investors sell up and the wiser ones mop them up to increase their holdings. Be very surprised if this doesn't run up before tomorrow 4.30pm in the hope of assays Monday morning. All excellent news releases so far this year & can only see it improving. GLA.
GL salary up from £82k to £120k with both Andrew Hollis & Carlos Fernandes increasing 100% from £60k to £120k. I don't care about any operational cuts in cost or any other monies they have saved - their pay rises are absolutely criminal.
Considering they have delivered absolutely nothing in the past 12 months but false promises and continually changing deadlines, I'd be intrigued to know the rationale behind such decision.
Only other group of clowns who receive such a pay rise for ending the year in a worst position they started sit in the House Of Commons.
BV - we may even see those lows again. Sold my shares on Monday morning following the SF RNS. Was invested for 3 years at a first price of 15p, managed to average down to 1.1p, sold up at 1.1p on Monday morning - took me 3 years to make no money but at least I didn't lose any. The only way was down based on Monday's RNS. I may buy back in over the coming weeks depending where the SP sits. GL to all the LTH and those who still believe in this company.
Almost saw sub 0.90 on Feb 24th! Maybe GL should of exercised his options at 1.20 instead.
Looking at the prices paid against the ask/bid at the time, it looks as though some (maybe all) of the large trades printed as sells should in fact be buys.
If you can top up today below 6p that is an absolute steal. Results due from two drills and the third is still going - what will it take for the market to wake up!
On absolute burners this morning.
Always see a strong morning before a good lunchtime RNS between 12pm-2pm. Imagine this will be huge considering the radio silence last week. Should be 7p by the time the RNS hits and then knows where she'll end up come COP.
And within the hour.....there we go. May even see sub 0.90 by March 1st.
Been in Angus for 3 years now and I've seen nothing that wants me to stay in for another 3 years. Disappointing RNS in my eyes. Not all funding offered let alone even fully secured. For me, we are in potentially even a worse position than I thought was possible. My best hope was funding would be secured, albeit late and we could get this show on the road properly. Without funding agreed, there is no purchase of plant which delays first gas further. GL dangled the carrot enough with a promise of updates to other business assets in the coming days - but we all know they're even less valuable than a best efforts letter. What's to say there won't be further placing/dilution within the next 6-8 weeks to keep the company even trading. Shambolic. This will go sub 1p now it's confirmed no meaningful news will be released until March (knowing the BOD it will come 31st).
You'd assume looking at the trade prices at the time they were processed, all the chunky sells are in fact buys. Very little in the way of trades sub 1p. Already at half our daily average volume within 2 hours, hopefully will pick up the closer to 4.30pm we get. Fingers crossed this signals what we all hope it does. GLA
Judging by the low volumes and the continual slide of the SP, we don't seem to be any closer to this confirmation of the financing deal signed. A truly abysmal showing by the BOD in the previous 4 weeks. An unannounced placing (two if you want to include the one to allow Forest to maintain their 10%), options being allocated at 50% of what the company was worth when the BOD took over and now '2-3 weeks' that's heading into its fourth week.
I've always remained optimistic with Angus although patience is now wearing thin. I appreciate COVID delays have hit business as a whole and delays happen, but don't state 2-3 weeks and not achieve this milestone. I'd rather the RNS read 'financing will be completed in due course' than see the SP 5-10% down daily.
Fortunately I'm not as in the red as some investors on this board, but it doesn't make it any less frustrating.
Think there's a high chance if the US market is anything like ours is today. £2.44 = $3.40. Only $0.60 to go and with BTC approaching 50k, you wouldn't bet against it this week.
Market doesn't like uncertainty, but people also can't stand the thought of missing out on a bargain. Can see money coming in steadily before Thursday with it flooding on once our listing status is known. Asset virtually complete and money in the bank - not much to dislike here IMO.
I did mine with HL also, easy to email and had confirmation back within 48 hours that my votes were passed. Hopefully see a run over the next week with people willing to part with some beer money taking a punt on bag returns.
The classic post positive RNS tree shake. Hold your nerve and you'll be rewarded. Money talks and since the RNS there's been a sea of blue. Hoping for another huge RNS Monday morning after a good weekend of drilling and we could see 7/8p Monday close.
Nice to see that even after the placing there's still a very healthy appetite for buying ANGS. Two x 800k+ buys this morning to add to the various 1m sized buys we saw yesterday. Hopefully Forest are still eating these up - if not it'll be interesting to see if any other institutes got involved. Clutching at straws but it's not unimaginable that the placing money has gone towards this new geothermal project and ANGS had to move quickly to secure their interest in the area/project. RNS Monday confirming that or something similar would see this rocket before SF funding even confirmed. Balcombe and Brockham are as good as dead ringers but have enough historic sentiment to keep them worth talking about - hopefully this new geothermal project will be the base of a healthy rise in 2021.
Ignore me - just dropped. See where optimism gets you
Is this potentially being held for what's to come tomorrow? Dummy sell 1m shares at 1.09 with HL and SP at 1.14 for the past few hours after a blue afternoon. Be nice to see the week out with some good news after yesterdays bombshell.
Bit of a flush out after this mornings rush. Don't bottle it and s*** yourselves and you'll see more than 10-20%