The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Agree stevev, prolongs the pain as will creep up and then probably be taken back down in similar way to when we were in the high teens? But at some point Art might drop the Jv and rbl news together which could give a massive rise and then it won’t matter. Wouldn’t it be nice to be a bond holder right now!
Yes I sadly am a dumb slug with big balls, why I’m on here to listen to various points of view to give me more understanding of what’s likely to happen to my either very dumb, or brilliant/ lucky investment that I have virtually everything including the kitchen sink on. I will either totally lose, break even if given the choice or be a millionaire. Depends which posts I believe on which day. Thank you to all the informative posters, even the sensible negative ones
So Art spent a years wages on shares to secure ten years more wages for himself and his daughter will move onto a better opportunity than taking over his position? Possible but can’t really see it? Surely Be better to x10 your shares and retire early with maybe a paid over seeing roll at another company you took from pence to pounds.
Can’t argue with your logic or theories nameless and you are much more knowledgable than me. But that doesn’t mean you are calling it right. I think only Art knows exactly what’s going on and his certainly not sharing with us at the moment
Great posts stas20 and baserite, that’s how I see it and hope Art repeats oilexico for EVERYONE here! Like most I was expecting £s but a 10x from now very possible and would make everyone good money even for the long length of time some of us have been invested. 10x from now still gives me and others around the 30s nearly a double, Art done it before and pray he does it again!
Can’t see anything happening here fast, his given himself another year to do what his promised. What I want to know is how much dilution have we got from this deal and is that why price has fallen again? It’s still positive we are able to carry on don’t get me wrong, I just want someone to explain at what cost? Someone said 33% is that correct? If so it’s not surprising we taken another hit. If this gives Art the time and money he needs it won’t matter when he gets production up, rbl and Jv! None of that is going to be fast though from previous Art timescales?
Art needs more time to get this where it needs to be with the assets he has, after today he now has that time. I think he has a plan it’s just not gone smoothly as he thought, what does in life?
Production should be up, money for upgrades etc, stronger position to get good deals rbl and Jv? Not sure what dilution we have for this extra time but we in better position now than after previous rns that killed sp. If you’re here you have to have believe his going to pull it off for himself if nobody else?
You either believe art has a plan which isn’t going as too plan as he first hoped and is doing his best with the problems and options he has, OR you believe his a complete liar who has purposely set out too rob pi’s and ruin his legacy?? Or his a complete idiot who has no idea and olexico gains was a complete fluke? Yes it didn’t end well but I’m sure plenty of people earned alot money when it went up like we are hoping to do here. It’s taking a long time and there are lots of worrying things going on, or not going on as we were lead to believe.
We can’t accuse every negative poster of being a plant/de ramped etc. truth is there is lots to be negative about and we have people on here wanting Arts head and job at this critical time???
Have said it before you either believe his gonna pull it off, or you believe his a crook? If you’re lucky to have a low average you are more than likely going to be able to get off this bumpy ride and at least get your money back. The rest of us in the 30s I’m afraid are gonna have to just see how this plays out and hope for the rocket he promised. Good luck all investors, anyone on here who isn’t please p*** off and leave us to it
How much dilution did we get today? It seems to be Enough for holders to be selling those large amounts which dropped the price. I don’t understand why this share drops with every bit of news even when it’s positive we have enough money to carry on giving us time to get the rbl and Jv over the line? What am I missing please?