The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Assuming the financing is agreed, I would have the thought the sp would rise to maybe 1-1.5p. However, from what we saw on Tuesday, any rise is quickly sold into. What this company needs is financing and sales, something that is clearly lacking. The BOD seem highly qualified and now seem focused on the job in hand, so I'm hopeful they can turn it around.
what is the likely outcome for this Company on Thursday? Will the sp decline further, or will it become a pheonix and rise from the Ashes?
Enough said.
Welcome Timmy. Hope it goes well for you.
10.6p was my entry point, so hoping for an upside from here. Looks from the chart to have bottomed out, so a good starting point.
Can't seem to find report on their website. Found the one from 2017. Hasnt it been updated yet, or could someone kindly post the link. Ta
just got in @ 10.6. hopefully settled here for a bit.
looking good for tomorrow.
Assurances that come to nothing. Now legal action. Shambolic. Will get hammered today.
so I'm in for a punt
Yes it was. quick punt by me.
and no doubt on the 2nd, adjourned again for more time. **** up and brewery spring to mind.
Hope so, but then again you could wait a week and get some at placing price.
I'm so sorry for your loss. My heart goes out to you and family. My mum died 10 years ago from cancer. She had a quad heart bypass at 76. A couple of years later, an aggressive cancer got her. Dad was heartbroken and died a year later. He had given up. Brings it all back really. Funny, I live in Worthing, and enjoyed an ice-cream on the seafront yesterday.
down 50%. Cant say I've had a share that has depreciated so quick without any hint of going up.
sorry LSE keeps crashing this morning, Meant to say "Much needed lift"
Maybe this will give VELA a mush needed lift?
Hmm, Have 6 Aim stocks at the moment. All down.
Did make 8K when AST went from 0.8 - 1.2p the other week, which was a bonus. For me, I'm not selling here, having got in at 10.3. Calling the bottom in any stock is near impossible, but I can wait.
Encouraging to have positive news.
Whilst I agree with much of what you have said, lets not forget the SP is currently running 60% down from its 2018 May peak, and so much of what you have outlined has already been priced in.
that whilst these amendments are being processed, that RNS with better news can come at any time.
These amendments do take time, and anyone expecting it to be plain sailing are uninformed. The fact the SP fell slightly, and has almost recovered, is proof that the real investors know what is coming.