The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
you can bin them charts when there's a t/o on the cards. this is not normal tradding. someone is hoovering these up and we can expect another bid next week imo.
don't be too worried about that 27p, when the next offer comes it 27p will be long gone.!! there is obviously a buyer or 3 around at 27p or this would not have held here for this long
the big sells are just getting swallowed up. traded over 22M today thats good volume.
Takeover approach. it's the 10th day since 25th Nov. see last post
this can finish above 18 and then on to 20p pluss tomorrow. Someone is stocking these ones up for a cold day somewhere. Might show there hand today. we are now on the 10th day so all holdings aboue 1% should be made public. All those share that capital have being selling have been swallowed up by someone, Now maybe they have finished selling so MM's have let it go. Not sure we will see a bid this year now but i would expect aleast 40p+
'Cautious for 2010 bit and doesn't expect a global recovery' this will give the mm's the chance to talk it down., I really don't know how this will be seen.. i wouldn't be supprised to see this drop. thats what usually happens doesn't it....