The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Bit of a saddo comment Bruce. Let’s be balanced here in the interest of better investment decisions. There’s certainly not enough cash on the company t this point to do all the things you’re getting excited about. Optimistic as I am
They definitely need more cash for FDA trials
Disagree. This is a self funding 50/50 shot at the chinese market. FDA will need further funds from somewhere. JB already said it might be 1/10 of the size study but it won’t be 1/10 of the price. They need more money for FDA trials
FDA: ok it looks good but you need to dona bigger test sample.
FUM: we’ll test on a load of chinese as a cosmetic first
FDA: done
That’s fair comment
Support and resistance. New range. We’re liking fur a breakout above that 23/24 range then we should test 30
Volume is huge. 30 is imminent
Lol 25 already
I think the FDA Trisha are gonna cost a lot more than 4m. But sure there’s various scenarios. If they can do it without calling on shareholders all the better
We’ve got recent support and resistance indicators at 21 and 23 p and looks like we’ll test those this morning. If we break 23p it could easily gap full up to 30
Capital investment of 2m is nothing with the current burn rate. Even the most die-hard FUM long has to accept that it’s surprising they haven’t already called for cash. I’ll stick my neck out and say we’ll here another RNS about FDA meeting (not approval) followed swiftly by a rights issue. Within 3 weeks both. Let’s see how we do the next week or so as this will determine the level of the issue. I’m thinking about buying more today in anticipation. Starting ri think cal raise might be above current sp
Only held for 3 weeks - took advantage of a pullback and then pop. almost feel guilty about my timing :-)
No it has nothing to do with manipulation. The trades indicator only knows the price of the transaction. It guesses if it is a sell or a buy based on whether the executed price is nearer to the Bid or the Offer. If the price is moving you can’t tell for certain if it was a buy or sell.
The next Lloyds Banking Group plc dividend will go ex in 2 months (25/4/21) for 0.57p and will be paid in 3 months (25/5/21)
You need to hold shares on 25/4 then you can sell on 26/4 (double check the dates) if you want to secure the dividend .
Another big “sell” at 19p just now. But I’m only being offered 18.5 for my shares. Watch the mid price tick up again now. Could just somebody putting in cheeky buy orders at 19p and getting them executed
And if you check the charts the mid price jumped up from 19.0 to 19.6 after 12:08pm to 12:36pm. I say it was a buy
I’m not so sure. The spread has been 1p for as king as I’ve known it. That 19p more likely a buy I’d say
Nearly all buys again today. No way those were sells at 19.00p just now. Haven’t been able to seek for 19 since last week
I really hope the market isn’t pricing on this 1p dividend that I keep seeing on message boards. 2.5%?? You’re dreaming! Barclays announced 1p dividend at 150p per share. Lloyd divi would be about 0.25p per share to match Barclays.
I think you’re right on the body language. Just wrong on the timing. I actually just watched those videos before I read your post. The FDA talks were due this month. Barder says in the interview they’ll price the next smaller trial before updating the market, which I assume will come after the FDA meeting, and so we’re due something. And yea, I agree he seemed to be holding back good news. Hopefully it will soon come out