The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
This week's shenanigans got me thinking 'classic placing volatility'. I thoroughly agree with RJ the funding is not in the bag, there has been no confirmation of it bolstering the appraisal and EWT and as I see it, the £4.7 million was to see them through to circa end Q2. Currently though I think the volatility is down to something else, because having another placing now makes no strategic sense at all. Not until early June imo...
I don't think they'll do it just yet. Unfortunately I have a sneaking suspicion the bucket shops have them on the slab again and are watching and waiting. I think the raise discount will reflect the EWT CoS, so a 25-30% discount from wherever the SP is circa 2 months from now...
I did the same Roger; not been on here for a while though. Fully out here, but I don't see anything happening over and above what Lorna says - though that tag team is likely to turn up again between now and June imo. Resource estimates, or whatever the feck might happen semi-positively meantime might give it a little lift. Any Mcap calculations I've been doing recently though have used a direct float figure if circa 4.85 billion shares. Just to be on the safe side...
Dai: Red Stripe is owned by Desnoes & Geddes and brewed under license in the UK by Charles Wells I believe. Or at least it used to be like that. Not sure these days. Hope you're well btw, still holding a 3.8p avg here....
Https://twitter.com/Heliumone1/status/1754505539550077363?t=3nD_S3biNN57Lg07gAISCg&s=19
Glad you made some back Dai, well done! I won't talk it up, but there is much to say...IF! Good luck to us all xx
Still sitting on 4p and not tempted with any more .........yet! 🤐😜