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No, it's the Bingo trade...
88
There isn't a deal.... until there is one. I'm inclined to believe the general feeling that we are pretty close to an announcement. Although I'm not seeing an uptick in buying, which often precedes an RNS, I sense that some people on these boards may have been given reasons to believe we are on the verge of something. Even Slim looked like a convert last week.
Dicto- you are assuming there is a deal
At a guess, March 29th.
I'm starting to think that the deal RNS and Annual Report will come out on the same day. If a deal is signed this today or tomorrow, an RNS could come out this week. I usually work on the basis that market regs expect price affecting news to be released within 72 hours, usually faster. If it's another week before signatures are on the dotted line, I'm guessing the news will be released with the financials.
Or are there any UK tax reasons that could push an RNS into the next fiscal? Nothing obvious springs to mind. Any views out there?
What, a take away?
Buying this morning......
Was a buy, mine. Thought I'd stash my cash here either until the mine gets sold, or I want the cash for something else.
Hopefully I have timed my purchase, and caught the asset sale about right.
All the best.
Sorry - I meant Calibre!!
She meant calibre
Condor?
...vibe...
...AI Magic...
...hilarious market memes...
Nope. Nope. Nope.
Sorry and good luck with your platform, but I'm probably too old and/or boring for all that. I'm looking to reduce noise that may intefere with investing, not amplify it.
https://www.thisismoney.co.uk/money/news/article-4272390/Star-quits-City-run-10bn-fund-island-paradise.html
Simms I am pretty sure Condor will make a sensible bid. The business case for them seems very strong
I didn’t shake his hand or look at him in the eyes when he said that so I’ve no answer
Was it the same eye contact and smile seen when announcing 150k p/a
Can’t have it both ways
I suspect once all the dust has settled this was probably always a chinese sale from day 1 and has taken 15 months to finalise with perhaps offers coming in from elsewhere. i think 15 months is an excessive time to finalise a deal so for everyone's sakes i hope this is concluded before the end of the month. However calibre has a ballooning market cap now heading to $1.4bn and probably $2bn in a months time so they can find some change down the back of the sofa and do the deal over a weekend, which is all it really takes now all documentation is in order. lets hope we wake up to a deal tomorrow.
Plus the hand shake
If Jim’s smile and eye contact is to be believed which Iam swinging towards it being so this will go to the Chinese 100%in my opinion as to there appetite and need for the yellow stuff will be overwhelming
Considering what Jim said to slim, I'm not sure if calibre are the front runners. One board member of calibre bought on the open market last week (14th March). Not entirely sure but could that be classed as insider knowledge if a deal were to drop in the next few weeks?
I would be happy if Calibre buy the asset or Condor and we get Calibrebshares. My preference is to get the deal done, we have waited long enough now. I would like to get my initial investment back to move to GGP and some profit to buy something, maybe an EV.
I still think the Chinese are favourites to buy Condor.
I am extremely surprised that J.M. made the statement " very very close ! He should have realised that it would be splattered across these type of platforms and if I was the other negotiating buyer, noting this it would give me a very good insight to where Condor would settle. He might have just lost out on his final play, unless the value had been agreed and " very very close " was down to dotting i's and crossing t's or legal tidy up. Time will tell ! Not really time for excitement !
We are so close to the next financial year, I would be happy to have the chance to move some more across to my ISA.
The board have not gone to ground for no reason and i am sure they are working hard to conclude the deal before the financial year end. Gold producers are drowning in cash and need to find a home. Maybe next week?
I will say, said baby's first taste of this life will largely be dictated by CNR exit price - alphabet hoops or avocado?
Weird how these things work, isn't it.
I feel like we need a sweepstake. We're due a baby shortly - I know I could do with this wrapping up before then!
With Big Jim saying that a deal to sell CNR is 'very, very close' at last week's Master Investor show, I wouldn't want to be out of this over the weekend! Surely next week.......................