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StarBright, this sounds very similar to what Jim Mellon did at Agronomics, creating a parallel fund with "insider" shareholders (the executives at Agronomics and a few hand-picked buddies) that invests alongside Agronomics in the same companies. Apparently, this is good for Agronomics and it's small PIs for reasons that are not entirely clear and as yet unproven.
Right, I'm not so glad now it's back to the price I sold at. Should have bought in again at 46p but hindsight is a fine thing ...
Adidas and Nike make nothing in Taiwan. Yes they buy from Taiwanese firms, made in their plants in China, Indonesia, Vietnam, Myanmar mostly.
Glad I did sell at 59p now.
Me too, out at 135.20p with a 17% gain in a week, ready to buy back in my ISA in 12 days from now, perfecto.
I really appreciate the 23% rise so far today but I must admit I'm finding it hard to celebrate a share price of 6p, like many of us here I'm deeply under water here with an average of 17p. The glass is still half empty.
When the price got to 65p last week I moved my stop loss up to 59p, now nervous about losing my holding, but best to protect capital. Thoughts anyone?
A good article today giving SSIT some spotlight in the Money Week magazine on-line and print, also extolling the critical nature of the space industry.
Yes, and over 60p today. I stand by my 80p prediction, being around 20% discount to NAV.
Dominicusbenacus, yes it is a good thing that Jim Mellonm has a seat on the board in a company that ANIC is invested in. This is a positive indeed as you say.
My only point was to highlight the complicated holdings and relationships between the different entities that Jim Mellon is an executive and shareholder of, but without judging it.
Not my best post ever, sorry...
Well if the NAV is back over 100p from September's 96p, we should be looking at an SP of around 80p, at least.