The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I agree the raise is frustrating but last Thursday I was happy with the share price as it had risen from the low 5s to high 6s. At the moment we are still in the high 6s (after dilution). The dilution fear has now gone, the prospects are still the same (or better) so to be honest I’m still feeling quite positive.
I agree it would have been nice to offer shares to the likes of us but I wonder how many would have taken up the offer. It’s not that long ago you could pick up as many as you wanted in the low 5s but no one seemed interested in doing so.