focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Perhaps its a reiteration. Its shown as today. Follow this link http://investing.thisismoney.co.uk/broker-views/
In November the Institutions picked up �5 million at 22p. The SP bid at present is 33p. Thats 50% profit in a month. Dont expect the SP to rise much over the next few months, every time it rises the Institutions will take their profits.
No wonder Gervais has such top performing funds. He seems to buy into share and then pick up more through placings at heavy discounts.( Also see Cerillion). A lot of the performance come from the discounts. Probably better to hold his funds rather than the constituents, that way you get the share of the discounts he`s getting. By holding the share, you get shafted.
I see thah the placing price is 22p. Once again the small investor has been shafted. What is the incentive for a small investor to get involved. Every time an acquisition comes along there will be another placing with a substantial discount to the SP. The institutions will pile in and the small investor will pay for it. Not a share worth investing in at present - unless you are an Institution- or a Director!!.