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Going to be a good week next week. I expect competing bids, no matter what they say. At worse a sweetened bid to get it over the edge.
Good luck all long termers.
Do you all not find it strange that this offer is put forward in August ….exactly when the head of the Ukraine secret service stipulated the war would end in August …be a great laugh accept peanuts and the war ends…lots going on behind closed doors
If you think about it ....the current MC of AMC is £18m.......this deal will give us £28.8m and we already have £6/7m? so......,.,.if I was able to buy all the shares up with my £18m...and accept the offer.....I would be more or less guaranteed to double my money!
Obviously I haven't got £18m...and a lot of holders would not sell....but the "takeaway" here is......I should buy as much as I can.....and will double my investment in short order.....provided the deal goes through.
The more people that do this...the fairer chance my strategy will work! GLA
But i say yes to offer because i preffer to recover 60% of my money than loosing all at 2,75p AVG. Sad times
Those who think the offer is too low aren't selling so makes no sense why the share price isn't at least 1.6p+.
Hold for gold next week.
If sell Jupiter for 5 million dollars
If someone interested
Geng,
My view on any AIM share is that it is not an investment for long term "stable" growth. There are other investment vehicles more suited for that. Any investment i have in any AIM company, is, rightly or wrongly for the purpose of a potential larger return on my investment. More risk = more reward, so in that sense, yes this particular investment is more a "gamble" than the those i have in funds etc...
I never stated I'd rather lose everything than take some cash as that is not the option in front of us. I said im comfortable rejecting the deal with a view that a bigger return could be further down the line and i'm comfortable with the consequences if that view proves wrong.
duh
Yes or No we shall find out soon or later
Im sure its going to be a yes from those looking to make a quick buck
But those who's holding the bulk of yhe shares will have the final say
Yes.
No
i think it depends on each shareholders own circumstances and what price they brought in at. Anyone who brought in last week will be looking at over a 100% gain, then there's others who are sitting on 90% plus paper loses and for some of them 'The captain might aswell go down with the ship' then get a measly payout.
That attitude (assuming a loss) is exactly why most investors (or should I say gamblers) lose money on AIM.
So you would rather lose it all than get out with a bit of cash - think about what you are saying????
Part of me completely agrees with the sentiment here about asset in Russia, we wont get a better deal etc...
Another part of me is thinking, im on a chunky loss here at 1.8p and it is a bargain price for the potential of the asset. Nobody knows what the world will look like in 6-12 months, rejecting the offer and sitting tight for a while could payout. I know that could result in a total loss of my investment but I (and I assume everyone who invests in AIM), have only invested what i can afford to lose. There is more potential upside than downside by rolling the dice. If I had to vote today, I'd reject the deal. Just my opinion on my own situation!!
Averaged down to 1.88p. near enough for me as thought I was going to loose everything. Got to be a yes vote for me.
Yesterday, lizz truss said she wants to put more sanctions on russia what do you think russia will do. Will they treat british companies with respect?
I will say it again, anything is better than nothing. Take the deal..
Totally agree Maestro1. The first offer gave no reassurance that anything would be given to shareholders. Giving this BOD carte blanche to look for other assets with the money would have left us back in never never land.
Vote yes for me..
Kat
They will giv 1.8p divi and then the company will still havr around 0.6p a share in cash. Will be cash shell.
I think easy money..
still 35% profit from this point... averaging down will still make sense all the way up to about 1.65...
Simply buy more shares at this level and average down.
I'm sure this won't get voted down and the Decree 81 was in place at the time of the last offer. RY said they had already approved it then so no reason to doubt it tis time. The wording in the RNS this time is very clear in what will happen to the funds.
I've been buying heavily over the last few weeks so although half my target, 1.8 is a great result but it's not too late to turn 1.3 into 1.8 over a few months.
Ironically AMC is now one of the safest bets on AIM
Massive loss for me unfortunately.
I don't blame the BOD. The current circumstances with the war are to blame.
I always knew Russia was a risk so I have to take it on the chin.
Still, life goes on.
That offer was rubbish you would never have got most of that cash.
Yes there’s a big risk in waiting for another buyer as the current one may pull-out and nothing further may come along. The previous US$105 million offer is looking attractive now. Whilst the payment terms weren’t the best, the end value was 3 times the sum, just spread over a long period.
As at 31 December 2021 the Company had cash reserves of US$6,682,000, up from US$2,790,000 at the start of 2021 and remains debt free.