The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
As per previous posts, I am also with HL they will allow you to transfer to HSBC who will hold via a third party. This will take between 4-8weeks approx .(I was quoted), you will only be able to sell via telephone. The cost for this will be approx £200+ depending on holding size. They aren’t forcing us to sell which is great, however we will be in the lap of the gods for a while whilst the certificate transfer takes place and then we will sell at some point which at least will be governed by us.Is my understanding.
Why do we have to wait until Thursday! That could be more pain! ...
Manipulating ect... I’ve got no where near 8 million and it is stressful, I can’t imagine! ... however having that many would be a burden but Wow at the same time...
I really do hope that this comes for us all and just maybe that touch extra for you GL.
Value or Volume.... someone has 8 million!! Brilliant that they do....
Astrad, it will very much depend on tomorrow’s price... I am also with HL and they have obviously described the higher fees (£200+ Depending on holding) a fair wait (4-8 weeks). You also can’t trade which is a pain, just sell and you will be in the lap of the Gods for a while in terms of price...
I’ve been watching and buying for a good period of time, however I also have a few more than you’ve described, not many more though. So again as a PI and someone who has a a fondness and a belief in a share, tough decisions will need to be made tomorrow.
12-13p will make it very difficult to follow this all the way,as much as I want too. However,if it sticks as you have alluded to maybe I will ride the Tiger with you!
Surly, the only thing to possibly derail this, is not gaining access to HK market.
If that is the case then.. !!?
I’m like everyone else staring at the price and saying really it’s going down, utter madness,however predictable with the MM’s around.
More than happy to let it play out ... as long as we go in.. Nervous,Excited!
Really just want to see the back of this damn AIM market and get someone to understand the true potential of this company and invest hard and see it rise to it’s true Value.
No surprise my 13 K little top up BUY this morning is showing as a sell. Just rude!!
A very clear and forthright position and an opinion I have valued for the last 18 months (whilst sat on the sidelines!).
I to can’t see this doing anything else but moving up in the next few months and beyond, however it does make me wonder how the MM’s make this share price head in the wrong direct with tomorrow’s information in the public domain.
As some of the guys have stated,many people rely on information out there to make informed decisions and this really makes my blood boil as many PI’s should see a win fall, however the Big Boys will manipulate this so they get a bigger slice of the pie. Here’s to tomorrow and beyond!
I have had in my head the following statement from the update.
“Admission to HKEx remains contingent upon a number of factors including the successful outcome of Global offering ect........for which there is no certainty “
Can the MM’s really derail this or is it profit taking PI’s that don’t want the hassle of HKEx and selling up not allowing the move we want and should see?
I know it’s the question that will be answered on Tuesday, however can they really have a chance of holding this beauty back? I think/hope not!
The effort /scrutiny/ money that has been put into to establishing the 10-13p range surly isn’t going to be for nothing?
Thanks...Very measured views/opinions. I appreciate the insight as I’ve heard a fair bit about achieving that minimum valuation. It is really important to me that I really understand why it may not be easy money for PI’s. Still here’s to getting that Valuation!
I completely agree, I’m sat here scratching my head and wondering why isn’t anything happening?
The range is clear for the 7th July... 10-13p...
Are we missing something? It’s surly really clear.
Why aren’t people buying even for only a few days?
It’s baffling.
It very much looks like the MM’s are mopping up in the background, Sell right across the board. Someone is buying them up!! Ok I’m ready for the move upwards now...
I am loading up and also on Hargreaves and Lansdown... I have assumed that this certainly is possible, however for me the true value is in the next chapter of CNEL... Please feel free to correct if it’s not as simple as stated.
If this continues to go down and the MM’s fill up at the end of the day again..The wife and Kids are being Sold, so I can go in one final time!..... topped up yesterday 116k and a few this morning!
Still a very healthy average... does anyone read RNS documents?
Appreciate the response. I phoned them 15 mins and they at first described it wasn’t possible at first. Then I quoted your information above, I was then asked for my account and saw I had a fair few and then they described it wouldn’t be a problem! Thanks again.
Hi Scott so all good if you have a HL account, will they hold the certificate and then a phone trade is then made? Thanks in advance. Want to see this through..
Hi All been sat on the sidelines for a few months just watching and waiting and now I’m here with the rest of you to hopefully enjoy the ride. I sure will be one of those ones that asks what platform can I trade in the future from? Ect... (Just a novice with a instinct 6 months ago that caught the upside!) Other than being slightly burnt by GKP!...
I apologise for the potentially stupid questions in advance, However many of you guys know a lot about this share. .. and I appreciate that. Thanks in advance... (I don’t want to sell in 14 days,I want to ride the full wave!)