The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Current grades 0.6% against 2.6% previously claimed. Don’t think a couple of Mantis machines are going to drill out 4x ore which will then need to be processed to meet previous revenue forecasts. Usual nonsense from AP.
@ianjo - if the placees and the MMs fail to coordinate and flood the market too quickly then clearly the SP will fall further. However it must be their intention to offload at a profit above the placing price of course.
Agree with Sandy. Fintech is very juvenile and just prattles out Vast PR which as history shows is entirely untrustworthy.
Meanwhile market makers hold the share at 5-10% above placing price allowing Prelea’s placees to continue offloading to amateur investors here.
Contrarian tries to say HZM fall is due to fundamental reasons.
Sine August 2021 the AIM Index has fallen 35%. HZM has mirrored that precisely with a fall from old money 8.5 to current 5.5.
Not fundamentals, general AIM fall.
Looks like the placees have put too many shares into the market today causing the 5% drop. They'll need to slow it down to get back to their 10% offload profit targets! Why don't they just keep them all and make millions rather than selling them to PIs? Idiots!!!
Meanwhile, MMs keep the price at 10% above placing price and Prelea's private investors continue to offload into the market instead of keeping their shares that apparently would make them millions! Must be total idiots!!
Bridgedogg, FTH, Steve_d - you all quote Vast statements followed by boom type comments of your own. The big issue many have with this approach is that Vast continue to publiush smoke and mirrors and jam tomorrow RNSs with significant lack of detail and very odd information gaps. This is how Vast has always been - incredibly selective (and may would say misleding) with its investor information.
* Why is Takob a free lunch for example? Don't you guys want to understand that? Essentially it's too good to be true.
If Vast hs changed fine. But leopards don't change their spots.