The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
But I would hazard a guess that the share price drop is covid related rather than anything actually to do with Eurasia and a deal. Literally nothing has changed. The deal will be struck, whenever that is (tomorrow, next month, next year) and the share price today will be irrelevant. Assets haven't gone anywhere, price of metals hasn't dropped
Sorry can't remember who it was, but they pointed out that we might not actually see if there are any more 8.3s until tomorrow.
So far the 8.3s have been rns'd the day after they were submitted
It's becoming apparent that a lot of people have jumped on the bandwagon these last few trading days.
People shouldn't fret at a possibility of no sale (which imo a sale of same kind is likely). If EUA has to mine it themselves using the sinosteel contract, everyone will be better off in the long run if they are patient.
I would of course like the SP to rise or at least bounce back, but ultimately I believe a deal will come with patience.
Nah I'm good, invested here just like any one else who is spending time on this BB. My number of posts has no indication on how many shares I hold, just because I've only just started posting doesn't mean I haven't been watching you all since the start of the year.
So no I won't f off
I can't help but keep checking the price and reading this BB, was nice and relaxed about the outcome when it was suspended.
Still think a sale will happen and the SP will jump, but day-to-day this does feel a bit bubbly now imo