The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
It appears the mms have cut off being able to buy on line the nms for this stock is 2000 shares I phoned my broker for a 2000 share top up when the price was 105 / 108 and they had to ring the market maker on the offer as electronically the quote was 118.00 .I got them at 108 but anyone trying to buy tomorrow at 108 on line wont get them that's why you were unable to buy today for half an hour.Thats what the mms do they cut the on line limits hoping to get sellers who think no ones buying the reality is without a broker who can ring the market you cant buy.
Does anyone know if anything is happening here .The Rio agreement runs out in just over a week and no news about that either.What reservation that lasts for 2 years is the clock ticking on ? .
Thanks
Yes I'm afraid so apart from the placing news which is just round the corner to keep the lights on and the salaries going for another year.Come on KDR let's have something positive shareholders have been waiting 15 years F Off with all the usual bull **** jam tomorrow lifestyle announcements and actually deliver something positive.
The market is very short of stock this is going North .
I hadn't seen these huge wage rises and bonuses which shows why folk like me lose money on shares by not doing the necessary research .I'm surprised that the directors apart from the chairman didn't buy when the sp was lower down and as dickupham says it hardly inspires confidence.
Griffiths has invested to the 30% mark in Circasia and some other management company so he didnt sell here because he needed the funds it was for some other reason.
What salary increases have the Directors awarded themselves and low ball share options that are horrific ?
Not surprised to see this moving now recent price target set at £6 currently 92P to buy huge upside potential.
It might be a T Trader having a punt already sat on a £6K loss !
The last 2 placings were both above the current sp at the time but the placee was a new private investor.So if he wishes to invest further I would expect the placing price to be at least the current SP.
However if a placing is done through one of the bucket shops then it will be at a significant discount to the prevailing share price probably 2.5P .
Ouch ! I cant say I disagree as KDR hasn't got anything to show for the last 16 years of exploration. Without an RNS to confirm they have found the source this wont get any where near 10P and therefore the only other alternative is a Dreaded placing and if we are saying they will have significant difficulty geting one away in these times SP could be right and will the last man please turn the lights out .
If SP is right the latest interview with the Prof was to try and get the share price up to do another placing the 120K is probably gone by now and more cash is needed to keep the lights on .A placing with BH at 3P would be disastrous.
You could be sat on an absolute fortune here Hoops .Pink Diamonds wow and it looks as though its happening after 16 long years the sp is going to go ballistic from this current market cap.
Hi All
Would someone be able to remind me what the share consolidation was back in 2017 ?
What is todays sp of 2.9 in the old days of sub 1P.
Many Thanks in advance
SP quoting that KDR had €20901 to November 2019 and that was 6 months ago and implying it needs to get a placing away .SP forgot to mention on 10.12 2019 KDR successfully raised £240,000
The Article says it's a Red Flag and SELL.IMO Run for the hills as fast as you can and save yourselves! ??
Just Take a look at yesterdays RNS there are 3 Key Bullet Headlines .
First one is Potential For
Third one is Could Be
This has been the same old story for 20 years and no nearer mining diamonds now then they were then .
Investors have lost their money and those that continue to will imo also lose their money as nothing ever happens apart from living the Pipe Dream here !
Sorry but Skier is right here and bang on the money this company has been going for near on 20 years now and has got absolutely nothing to show for it apart from Garnets Boulders Orangeite and more Garnets .A Green diamond turned up at some point .A complete waste of time unless you like seeing your hard earned cash go down the drain.
"Gross over valuation of the stock"
Could you please explain Herron why in your opinion at 51P this is grossly over valued.
By my reckoning at 50P the company is valued at the amount of cash if has at the bank and Jerseys assets are valued currently at 0.00P
I would be grateful for your grossly over valued analysis as I'm finding your post rather misleading.
Thank you.
Someones got confidence and bought 196000 shares at 55.50P .The seller will soon be gone and we can look forward to a recovery in the sp .
This is just unbelievable Jersey now valued to go bust how much cash does JOG have at the Bank ? I believe we are fully funded until 2021 .