The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I understand from CH that it is his belief that the internal review into the process and application is complete. I’m not sure if anyone else has mentioned this so I apologise if so. On this basis his expectation is to meet/hear from ARSO and/or JL “very shortly”.
I’ve done both to be on the safe side!
Never filtered anyone before, normally a big believer in free speech and all that, but Reg and newast just got a bit ridiculous! It is a very cleansing exercise I must admit!
ditto Dcrossland93 It is the only sensible path to take. I had to change the subject to vote yes but I know you can’t vote in person today unless you have the share certificates
Is anyone at the meeting now? Any developments or idea when vote result will be known?
Is anyone at the meeting now? Any developments or idea when vote result will be known? Thanks
Get a grip guys it’s the trameta shares - non issue!
Whoever is right, please can they eat humble pie after the closing bell? Whether it is smith999 or spike912.
The rise is c250% in the past week from about 2p. Surely if there was nothing positive to come, the company surely would have made a statement by now?
3.80 paid now
Stockdale To be fair if ch hadn’t taken any action until this week (from famous tweet and news article) people would have been even more incredulous.
Obone I can answer your second question: it’s the ability to raise capital via placing, not a placing in itself. And if there is no ability for the directors to raise capital if necessary, then the market will hammer the sp even more than the effect of any potential dilution in the future. In addition, and of equal importance, with the ability to raise capital we are not having discussions with a gun to our heads and can negotiate on equal terms. All imho
Reg Are you an AST shareholder at this present moment?
Ditto Alleluia a voice of reason
Key for me is that ast is not going under. Having the right to capital raise is the game changer
Any experience of how long results take to be issued and how long the study itself takes?
Anyone who’s been in business knows that the bigger picture is more important. If we have to be nice but professional to achieve our end goal then so be it. People on here bang on about CH not being professional and this rns says anything but. Reg - you’re a glass half empty kind of person and I get that, but it does get quite tiresome.
If I can interject, the aim director share dealing rules talk about the 30 day closed period is in relation to the release of financial results - interims, quarterly, final et al. When it comes to other undisclosed price sensitive information, this is just anytime i.e. as long as he wasn't aware of any undisclosed price sensitive info before the 26th October, then if there was to be any subsequent rns of this kind it could be released from the 27th October onwards.
This is just my reading of the rules. Others may disagree but this is how I read them to say. IMHO.
Anyone else have a vague intrigue about someone holding 41m shares?
Minden
Re Foolsgold - unless I've misinterpreted his post, it's just his opinion, not an actual source