The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Seller = fill your boots.
Seller selling in to a low volume. Just have to wait until they are finished. Great opportunity to buy imho, as is normally the case when there is a seller.
I know the power issue was resolved as stated in the RNS.
No that’s not a problem, we just have a seller at the moment. Won’t last. There was a Motley fool article that pointed out we made a loss for 2019/2020 accounts - revenue was 70k I think, it’s a lot more now though so a bit misleading tbh. Motley also pointed out production last quarter was less than the previous but there was not much in it and it was above target anyway. It was impacted slightly by a power problem. So again misleading from the Fool, but then again they normally aren’t very good with analysis.
Fill your boots.
Maybe the shares issued on the 25th of May, nearly 19m at 4p, not much but when the volumes are low it’s enough I would guess. They will clear soon enough. This is very good value at 4.9p I know that much.
I think the key is how well do the vaccines prevent contraction of COVID and the spread. If they dont stop that then this virus is going to have ample opportunity to mutate, and then escapes will happen.