The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
This price drop/drifting down is getting silly now.
RNS confirms No problems all going to plan just the study has been back in the time scale of things patience required as us long term investors have always known, so on with the day job and let them get on with theirs to provide the strong profitable company in the coming months/years that we know is coming.
I am not sure how it works I am sure someone can enlighten me, we know we are waiting on news with some being well overdue may be due to whats happening in Ukraine, does that mean if news is due within the next 30 day he is restricted from buying due to inside information that will push the share price up ?
Reading the RNS he currently holds no ordinary shares in the company, surely as CFO seeing the potential he will make a purchase in he near future which will take another chunk out of the market.
I would guess in the current situation they are unlikely to release any operational updates as with whats going on it will over shadow any good news doing very like if anything to improve the price at the moment, with the potential and time scale like us they will just be patient and wait for better times which hopefully for the poor people of Ukraine will come very soon making any updates here irrelevant at the moment really.
Happy to offer a price to buy 250000 shares, bet it would not be so easy to buy 250000 would have to make a number of individual purchases to reach that figure I would guess, just a case of sitting on our shares waiting for the action to start.
Dissent and protests are rare in Kazakhstan, which declared independence in 1991 amid the collapse of the Soviet Union.
Cut and pasted from BBC news report.
This happens on a far more regular basis in France weekly at one point yellow jackets
does not stop investment in France
Longwait thanks for the explanation on how the Aim markets works but Far are not listed on Aim ?
Low cap mining stock, but for how much longer low cap ?
Little note in financial pages of Daily Mail today about Sir Micks £5 million investment in mining minnow Ferro-Alloy Resources.
I think it would take a massive offer for Sir Mick to even consider selling out at this stage, he knows with his contacts he will have no problem raising any finance required for the project and can see and knows he will get a massive return on his investment in FAR in the long term, he knows from experience these mines take time to get up and running to full production has been there done it and bought the t-shirt, he knows this will come on line just at the right time for the vanadium market just as demand/prices have increased with governments now taking carbon admission very seriously all committing to reduce theirs hence large upturn in requirement for vanadium, Sir Mick has picked up on the next big thing in mining and is getting in at an early stage for great returns long term.
How does the saying go, I would not want to be out of this share over the weekend lol
Well here we are as I said on Friday chart was showing 65p
Be careful topping up at current price better opportunities ahead.
Chart now showing drop to 65p
So Hazbeen you are saying 100%, definitely, categorically that on the official confirmation announcement of Sir Mick being made chairman it will have no beneficial affect on the share price at all ? just want to be sure before selling as have been holding waiting for uplift in price on that news.
I am the same started buying in 20s bought as and when cash available so average 36p, it is easy to say now should have bought lower but I am happy and sleep well that my money invested in Far is in safe hands, do not buy cheap shares and hope for the best like something concrete and some times pay a little more doing research and being confident before buying .
No question there is going to be a move up soon, news flow in the pipeline is going to increase the price with out a doubt just need patience 4 times current price is not going to be an unreasonable valuation with what is going to happen in the next 12 months patience patience is the key word here.
Sold few other shares to purchase another 10000 today, I have seen shares like this before you look at it in 6 months and think blimey I looked at them when they were 39p and they are now xxx wish I had bought some not this time lol