The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Only hurdle now gone and likely offer immanent
With all those red trades today how did we manage to finish in the blue? I’m finding quantum physics easier to understand than this share!
Share price falling again. There is something preventing this rising that we are not privilege to. This lack of transparency and lack of any news and the company’s stance on not announcing smaller contracts is concerning. It was almost promised that big contracts would be forthcoming. It would help confidence if other directors would purchase or add. I never expected it to rocket but did expect the share price to be above £1 by now. Obviously RG knows something which I wish he would share. I am of the opinion a buy out is coming albeit at a price far lower than most want or expect.
Does seem odd that such a large sell ( or possibly a worked buy) has not made any difference to the share price?
I am in agreement about lack of movement. Unfortunately the company have said that only large contracts will be the subject of an RNS but have not stated what that means. We are left in limbo while others in the know seem to be adding. I certainly do not want to see an offer too soon as its likely to be a low offer. The company do need to do better at keeping share holders informed .
I think someone will need to make sure the patient is still breathing! We were promised more to come after the Natwest rns yet so far nothing. If the house broker is reading this then the share price may need a defibrillator applied to jump start.
This is going to do at least 50%.Finally some good news!
Nearly all sells are actually buys! Can sell my holding so there is a buyer hoovering up shares.
I concur, makes no sense?
It is not inconceivable that this collection of shares may be the early stages of a takeover. The company is in a weakened position and has a good product that someone will see value in. It is also flying below the radar which will help any predator. It goes towards explaining some of the reasons why we have not seen a better recovery in the share price.
So the question is how much is CRTA worth per share for a takeover?
Just tried a dummy sale of £40,000 worth and they wanted the lot , no questions asked !
Looking at the share price level two it does look like this being held back, probably to fill orders. It is unlikely to move until those orders are filled.
It seems I could have traded but was confused by the lack of a live feed for the live price showing only the closing price from yesterday. Halifax has now informed me that " the price feed takes around 24hrs to update once changed..but you can trade as normal". Live and learn.
" Cirata will share news of new contracts and renewals..."
TIDMCRTA
RNS Number : 8377O
Cirata PLC
05 October 2023
5 October 2023
Cirata plc
("Cirata" or the "Company")
Notice of Q3 FY23 Trading Update
Cirata plc (LSE: CRTA) , will announce its trading update for Q3 FY23 on Wednesday 18 October 2023. An accompanying video presentation of the Q3 update will be available soon after the release on the Company's website.
During FY23 Cirata will share news of new contracts and renewals with investors to communicate the ongoing progress being made in re-engaging with current and prospective customers and positioning Cirata for growth and success.
To learn more about Cirata visit www.cirata.com
Still not able to buy or sell on Halifax. Anyone else having an issue ?
29.99k was my buy but marked as a sell. MMs hiding buys.
This does not seem to be able to hold a sustained rise, being marked down continually. Am surprised a director was willing to part with any cash let alone what he did buy. Any thoughts?
Has there been a leak?
If this the base then who is selling? Surely even those who bought in the share issue must be selling at a loss. Makes no sense but then again it is Aim.