The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Tommy, judging by your defence of the error I'm beginning to think that you were involved in the posting?
Tommy I'm beginning to think you were responsible for filing the report, in which capacity?
Do you think the next piece of news will be correctly reported?
Respect for you grows because you're prepared to admit your error. If the Directors or the Broker admitted that an error had been made then it would counter all speculation and you wouldn't have to defend the parties and their entitlement to a salary.
The report is as accurate as Angelsey's RNS, Anglesey should be AYM and Zanaga ZIOC.
Did someone else say that these Options expired in Sept? Does that say,loudly and clearly that nothing will happen here before Sept?
Is the Broker admitting that the second part of the RNS is incorrect ie all sales? If so given the confusion it has caused and the implications for investors at the very least they are obliged to reissue a corrected RNS. Sloppy and amateurish!
Are we to believe that Bill Hooley is the only Dir. holding shares and then only 200k? Why show the initial share transactions as sales against each name and then to record 1 sale and 3 purchases on today's date? Is there an update on the proposed share options mentioned in Rns in mid March? One assumes the Rns was overseen by the Broker? So little clarity and so much smoke?
The remainder of the above, £182,500 may be drawn down up to 3rd April, we may have news on this shortly? Furthermore Warrant, Coupon and Invoice shares were locked in up to the 1st of March-4,800,000- yet Align's holding increased by only 70,000. Am I reading that correctly as a disposal across March?
Paul0410, Agreed.
If Slovenia asked for deferral to 18th and didn't make a reasonable effort to secure agreement then they prejudice their position!
Had Ascent not acknowledged the Defendant's right to seek an agreement up to 18th that would have influenced the Court's view_Ascent being seen as failing to use all possible means for an amicable solution. If it transpires that the Defendant has abused that right and sought to frustrate the course of justice; that will weigh in Ascent's favour!
Inevitably there will be a certain amount of posturing, could it be that the Defendant deliberately leaked a figure of E120mm to ensure a settlement of E20/60mm is perceived as success?
This is something which has concerned me for sometime, not the experience or ability or capability of management but their motivation at this time in their lives , these are not short term projects and would last into the next decade. Do we know if there is younger experienced management in tow? Why go chasing after two new acquisitions, concentrate on making Parys or Sweden a success initially. To succeed on these two requires total application if human resources are limited. so i conclude that a sale of Parys might make a great deal of sense.