Schroders Capital Global Innovation Trust (INOV)

Sector:

Investment Firms

Index:

FTSE Small Cap

12.80p
   
  • Change Today:
    -0.13p
  • 52 Week High: 15.50
  • 52 Week Low: 12.00
  • Currency: UK Pounds
  • Shares Issued: 839.26m
  • Volume: 1,556,118
  • Market Cap: £107.43m

Autolus's US IPO plan provides boost for Woodford

By Sean Farrell

Date: Tuesday 08 May 2018

LONDON (ShareCast) - (Sharecast News) - Autolus Therapeutics has registered to float its shares in the US to raise up to $100m (£74m) in a fillip for struggling star investor Neil Woodford.


The cancer treatment company plans an initial public offering of American depositary shares on the Nasdaq exchange.

The planned IPO is a piece of good news for Woodford, whose Woodford Patient Capital Trust owns 20% of Autolus. Autolus makes up 4.35% of the trust's investments and is a top-10 holding.

Woodford's trust has suffered investment withdrawals after underperforming the market. It suffered a blow in April when its third-biggest investment, Prothena, stopped all spending on its main drug when the treatment failed clinical trials.

Woodford, one of Britain's most closely followed fund managers, has urged investors to stick with the trust, arguing many of its investments, which include several biotech companies, will be worth billions of dollars each within five years.

Woodford Patient Capital Trust said it noted that Autolus had filed its registration with the Securities and Exchange Commission.

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INOV Market Data

Currency UK Pounds
Share Price 12.80p
Change Today -0.13p
% Change -0.97 %
52 Week High 15.50
52 Week Low 12.00
Volume 1,556,118
Shares Issued 839.26m
Market Cap £107.43m

INOV Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
43.78% above the market average43.78% above the market average43.78% above the market average43.78% above the market average43.78% above the market average
73.74% above the sector average73.74% above the sector average73.74% above the sector average73.74% above the sector average73.74% above the sector average
Price Trend
24.46% below the market average24.46% below the market average24.46% below the market average24.46% below the market average24.46% below the market average
53.75% below the sector average53.75% below the sector average53.75% below the sector average53.75% below the sector average53.75% below the sector average
Income Not Available
Growth
39.62% above the market average39.62% above the market average39.62% above the market average39.62% above the market average39.62% above the market average
36.84% above the sector average36.84% above the sector average36.84% above the sector average36.84% above the sector average36.84% above the sector average

INOV Dividends

  Latest Previous
  Final Final
Ex-Div n/a 19-May-16
Paid n/a 10-Jun-16
Amount 0.000p 0.16p

Trades for 28-Mar-2024

Time Volume / Share Price
14:52 600,000 @ 13.13p
16:27 8,876 @ 12.71p
16:25 1,900 @ 12.71p
16:19 2,455 @ 12.71p
16:10 4,500 @ 12.71p

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