The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Link https://x.com/jolyonmaugham/status/1792466209557889317?s=61&t=zXM-70sAnpS6OLvb2qtcYA
This thread on X is well worth a read for Novacyt shareholders and NCYT themselves in my opinion.
“The biggest VIP lane winner of the pandemic was a company called Innova. Good Law Project has seen a cache of documents from US courts about its 🤯 affairs.”🧵
I second that thought Crusty.
Dithering just gives traders an opportunity to mess about.
We all expect either a placing or a JV before this can really get going, so why not just do it.
Crusty exactly. Sold another 20% and avoided some losses, in anticipation of a placing and opportunity to buy back lower dropping my average.
Holding 40% just in case Lorna surprises us by not placing.
Watching and waiting,
We think alike Crusty.
Had to try repeatedly but top sliced 40% and placed a buy limit for 0.75 just in case there is a placing ( which looks likely ).
If the placing happens and the buy limit is triggered it should drop my average nicely.
If not I'm holding 60% at a price which might see break even soon if the price continues to climb, which I'm obviously thinking it won't without positive news, ie no placing and an offtake or JV agreed.