The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Good news here. Expect further news flow soon aswell.
10% rise since the news came out.
But as stated by others, give investors time to digest + reports + small mcap in AIM market we will likely see a larger rise.
TRP has been affected by both the virus and oil disgareements. Have other mid/long term investors revised their targets?
I personally saw this hitting 1p once the farm-out deal is announced. As of now, we seem to be well far off it.
This stock remains severely undervalued until the revenue figures from the Shopify deal gets announced. This company is not shy to major deals, just look at their sp history. Will be holding till we get back to the years high.
Are back in and excited for Rock. We all know what happened last time...
Only been in the share for a couple months now, but from what I've learned from others is that Asher is a very competent CEO. Not to mention that he owns a large portion of shares in the company.
Using the above as an example, I feel confident Asher will be able to get a good farm out deal before the proposed June date. Fundamentals will remain the same within the next 3 months in the lead up for the farm out RNS. Therefore I do not see this falling below 0.4 as some others has stated.
What do others think?
Rockfire like to release large numbers of little news over a short period of time. They've said "a number of weeks" for the results to come back so I would say max it takes for it to come back is mid-March.
Strong hold if you're in.
Good effort on deramping 801, but this is staying blue ;)
Next bounce at 0.38 to hit 0.47 soon today imo. Here’s to hoping! :)
801 you got what you wanted, why are you still here?
Elenor you’re known for deramping on multiple LSE forums...
Disagree. Some people on here have been trading for years, they may have a better understanding on the market and how it moves. Some may carry out technical analysis and make predictions based on that.
Yes you should not use sp predictions to decide to buy in or not, but it’s okay to speculate.
Very good RNS but MM’s managed to drop it very low!
I think it’ll be around 0.55 by lunch but what do we think it will be by close?
How is there no appetite to buy when it rose from 0.85 to 1.19? Clearly investors know that Rockfire have some excellent projects and would not want to risk being out of this company for future drilling results.
Boring deramper.
ORCP CEO has confirmed she will be making announcements by the end of this month. She also confirmed she will be attending meetings in London.
I'd much rather believe the CEO than a user on here.
If that funding announcement lands this month current sp will be left far behind...