The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I hate MM, ready for the bounce.
When another holding RNS lands, this will be 40-50p instant.
Dark clouds always pass.
What’s the chances Scott Fletchers topped up sub 1p to cause this recent raise!? RNS tomorrow I expect..
This share really could fly in a short period of time.
Wait until the delayed trades are updated after hours! £££
SPMP has stated that discussions among the shareholders are ongoing around an exit strategy for investors, however there are currently no firm plans for a listing at the moment.
The plant is currently producing daily and we are repeatedly setting monthly production records. Sales have represented a significant proportion of the global market in December and January.
It’s anyone’s guess how this will plan out.. will we be offered a buyout prior to the listing..
How do we know there isn’t already an individual buyer/company that’s has agreed/trying to purchase all £5m at the possible new discounted shares.. leaving private investors locked out of any new discounted shares?
There seems a lot of if, buts and a lot of possible outcomes here..
Shareholder approval hasn’t been secured.. I think panic sellers over the past couple of days will scramble to get back on board here.
I’m not happy about the loss I’ve incurred but I will always remain positive.
Anyone struggling with the loss from today, just remember.. dark clouds always pass.
Expect the unexpected here IMO..
How people can say they are going to issue a placing this week after stating.. "The Company has significant cash resources. Accordingly, there is no immediate need to raise additional capital and the Company may choose not to proceed with a fundraising until such time as conditions are more favorable."
Quite obvious the placing would be made when we require more funding and for now it has clearly been confirmed we do not need immediate funds to start production, by the time time any future funding is required the share price would be considerably higher then 11p and the discounted share price would still be higher then todays price. IMO the company is in a good position with the CE Mark and machinery at the ready to produce in large quantity for Europe's orders. CDTA approval to be confirmed at any time also.
Lets get these orders in and production turned on.
Does anyone know the chances or if it is even possible if they find a buyer say willing to purchase 50% of SO4 to pay of the urgent repayment debt allowing SO4 to proceed and continue with production whilst still owning a big slice of the pie?
Just curious to hear people’s thoughts on the possible outcomes here.
I agree.. this is all ifs and buts for now but an extremely fair price for anyone that as been able to buy in under 4p warrants this.
They could’ve quite easily issued more shares and diluted share holders before now.. they haven’t. In my opinion they have been seeking alternative funding. I remain positive.
It’s not over.. just need some patience here. Keep positive people!
Nice positive successful CEO joining the team who believes in MHC’s future success. Should see a drop in share price today.. ( I hate AIM.)
I’d be surprised if this stays under 4p before results are released, the BOD obviously updated the market on Friday to jump from a higher price on the 29th they know exactly what news is coming..
Glencore takeover pending..???
Time for a turn around.. this should be at 8-10p pending news not sub 5p. All the hard funding and putting the plant together has been completed one final push to get this into production and the markets reacted as if the business isn’t fit for purpose?
The fear of missing out should see the price gradually rise over the next week or so IMO.
If this was a simple dilution of shares fundraise this would have been advised by now, the fund raise will be in the form of a loan IMO. I’m expecting a bounce with the next RNS.
A market value reduced by 55%+ because of an unknown amount of further funding needed for a plant at its final stage to production.. the shares where trading higher then this level when this was at the start of build process now just before completion the shares are reduced significantly. Buying power was also strong over past couple of days, wouldn’t be surprised if the directors/insiders and topping up at these levels.
I’m new here and only briefly researched this company, however the plant looks to be nearly completed albeit requires some further funding (unsure of amount) the company hasn’t advised this will be done with shareholder dilution, this could also still be done with repayable loans perhaps from Lombard Odier Asset Management or another existing share holder?The price of this share has remained constantly high even during the build process, to me the share is worth far more then 8p and the 50% drop was too dramatic especially now the plant is not just oj the drawing board stage but a almost completed project I presume the plant has over come some difficult stages to get to where it is today.8p bargain entry price?