The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
@Martinigirl
We get it...you hate Prem and George Roach and you think everyone who invests into the company will lose all their money. Its evident you're not invested...so....why are you on this board everyday posting negative comment after negative comment after negative comment?!
It makes no sense does it? Maybe you should change your name to agenda girl.....because clearly you have a massive agenda.
Just invest in something else...go away.
The thing is with that tele group though is that it's too positive. I can remember asking legit questions about the elections (I wanted to hear varying opinions) and omg the back lash! It was like I told them I m**dered someone.
I find this this board too negative tbh .
Be great to find a platform where you can have a decent discussion about everything
Haha that sounds about right for the telegram group...all unicorns and rainbows! I'm bullish on this stock but even I knew the SP was going to dip this year. When I said as such, they accused me of trying to manipulate the shareprice and accused me of being someone else they'd banned from the group previously. I still dont think this is the bottom, reckon it will dip further before rising longterm.
So to the TG group....I told you so suckers!
Https://www.reuters.com/world/africa/zimbabweans-vote-second-day-wards-hit-by-delays-2023-08-24/
The share price didnt recover. It went up by under a tenth of a penny and finished the day below the buy price the 20million was executed at.
If it was a buy the sp would have jumped a lot higher. It was a neutral transaction.
The buys and sells get booked depending on the price they were executed at. I think if it's under the benchmark it's a sell and over its logged as a buy.
I think that 20million is a cross trade (it's done outside the stock exchange but still has to be reported to the exchange afterwards.) The buy and sell is executed at exactly the same time so technically it's both.
@Martinigirl
Firstly my last post was factually incorrect. Pls disregard.
I've read the link but it doesnt change anything. Prem aren't going to offer a premium price for placing shares when shares are likely to be cheaper on the open market. No one will buy them they will just go to the open market.
Your link actually doesnt suggest that the example shares /company KOO (or whatever it was) were offered at a premium, what it actually says is that they were offered at 15% above the "middle" market price of the day before. It doesnt necessarily mean it was a premium price...I dont know how the stock ended on the day or whether it was under valued at the time of the placing.
We clearly aren't going to agree on this. So let's end it here.
I read in an earlier post that you don't actually hold any shares. Why are you commenting on here if that's the case?
Is there an agenda here?