RE: I wonder16 Feb 2021 06:48
TR1 means (to those sitting on the fence) added confidence in the likelihood of SNG investmnet delivering returns. Assumption is that IIs have more resources and industry connections (and therefore understanding) of the investment potential. I don't think that is always true, there have been many scenarios where IIs bail just before a major windfall.
In plain English - if we get one or two more IIs on board it will give a clear signal to the market that this is as good as it looks. It will start, I believe, a push towards 250-300.
Clearly a very successful II (Polar Capital) has already invested substantially in SNG, and also we have done a lot of research so I believe it's only a matter of time before IIs jump in.
DYOR GLA