This space is reserved for Ramridge to introduce himself.
Today's Sunday Times carries an interesting article on the extent of pension fund liabilities in listed companies balance sheets and impact on prices. Nothing new in this for those who study financial results. What struck me as interesting is that the report saw a ratio of pension liabilities to net assets of 50% as a marker. Anything above 50% is a amber to red flag.…
Thanks, cig. It's Friday and I am suffering from information overload.
Hi cig - " especially now that we know they've been under direct FCA scrutiny for several months. Hopefully the regulator did check that client money management was okay. " Would be interested to know the source of your information. I cannot find an official document that says they have been under FCA scrutiny for several months.
Hi bsharman - I too have burnt my fingers with Tungsten (LON:TUNG). I looked up the notes I made at that time, and I remember asking myself 2 questions. 1) is the proposition sound and viable? and 2) does the management of this company have the competence and qualification to carry it out? On the first count I believed and still believe that if they…
Hi Wan - Of course it is all supposition and conjecture. What matters is whether Avacta is a sound investment at this stage of its development. I voted yes by buying a reasonable stake. Now I will just ride out the ups and downs for at least a year. Regards, Ram
Hi Wan - Robert Quested, a serial investor in small pharma companies has reduced his holding in Avacta to potentially zero. Not a good sign?