The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Hi Ian, thanks for all the good work that you, among others, do. Could I please change my price to £25.50. Thanks. Do you think that having a list of such figures could, in any way, be considered as deramping as many shareholders can't seem to get too far away from the current share price for fear of looking foolish, even online?
Also early in the sales process of buying a house you have to show you have the money ie not in the ground and after that then you invest it back again if you dare before the house purchase. Obviously if you lose a house or you get nearer the denouement of the FSP this will concentrate the mind !
Rowka. The majority of people didn't slaughter you. I admire you for putting your head above the parapet and providing the research. I personally think its worth a lot more than £3.50 but we outliers don't really know. People also talk in terms of biblical figures rather than £1.60 or £3.50. The sniping goes with the territory on the discussion board particularly if its being paid for.
Its complicated. I don't think that we are going to get a simple share price as I expect a very nuanced outcome. Having said that I would be disappointed with £3.50 and expect more in the region of £20 based on Rowka's 100 billion in the ground. A low figure as he didn't want to go high!!