The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Maybe BP will take longer than planned to break even but it will get there eventually and hopefully all this conjecture will disappear. Still assert that this a long way ahead of some other AIM punts which may take many years to get the stage VAST are at.
Sandy. They are all high risk to some extent - I'd like to think this is far further down the road than a lot of other miner/exploration companies out there on Aim. However, I get your point that given past history, the market will be a cautious.
7investor15 - this is a difficult case because on the one hand we've had a disappointing few years and consequent SP slump but the company is potentially about to turn a corner in terms of production and hopefully start an operational profit at some near stage. I'm just hanging in but won't buy any more until I see a turn towards solid performance in terms of revenue.
Thanks B1gDeano for the explanation - a lot clearer now. Yes he should just get it back on AIM rather than wait - convenient excuse if you ask me.
Sorry - just getting up to speed here. From your comments they are holding out for main market listing when he could go on AIM easily - is this correct?
Is this the main market that wants £50m level?
They should have known that the business focus change would cause problems with the listing. Not surprising this can is being kicked down the road again - didn't have high hopes really that this would happen this year.