The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Well the 400k placing in sept was oversubscibed and went was a "institutional subscription". They are happy to take the warrants now and if anyone had more info than others, then its the people who gave the cash to CA Sperati / Teathers pls. Something is happening......just exactly when is the difficult answer. Soon though it seems
Agreed, but if you take a wider look at things, apart from a couple of shares you would be down in most. This is the start of a new company and its best to be in at the start than try and ride an oil share for discovery or mining for high JORC expctations. Look at some of the valuations of crowdfunding / techfinance. Granted many companies have been operating longer than Teathers (still to be confirmed) but an MCap of circa 1m sure leaves room for considerable increases if and when the right deals / acquisitions and done!
"Big plans for my plc Teathers #SPR around Investing / Fintech / Crowdfunding" - 2 hours ago http://www.ukfintech.com/future-of-fintech/the-fintech-revolution-its-only-just-begun http://www.ukfintech.com/future-of-fintech/the-uk-is-fast-becoming-the-destination-of-choice-for-fintech-companies http://venturebeat.com/2014/10/04/are-we-in-a-fintech-bubble/ "Hyped Silicon Valley-based companies have always tended to acquire higher valuations than those based in Europe, too, but grab yourself a bargain while you can, as Europe — and in particular London — is coming of age, and that discrepancy in valuations will gradually be eroded. Consider Wonga’s $1.6 billion+ valuation, the fact that the UK and Ireland have the fastest growth rate in the world for fintech deals, and the fact that those deals are attracting increasingly large sums as indications that I’m right."