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Michael Masterman talks on WRES potential & Tungsten market


San Leon Share Chat (SLE)



Share Price: 55.00Bid: 54.75Ask: 55.00Change: 0.00 (0.00%)No Movement on San Leon
Spread: 0.25Spread as %: 0.46%Open: 54.75High: 56.00Low: 54.75Yesterday’s Close: 55.00


Share Discussion for San Leon


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cadell
Posts: 23
Off Topic
Opinion:No Opinion
Price:56.25
The CEO
6 Mar '17
My opinion of Fanning is that, unless he's being extremely devious, he's like a rabbit caught in the headlights of an approaching heavy lorry.
 
Brotherseven
Posts: 506
Off Topic
Opinion:No Opinion
Price:56.25
RE: Honestsid/Quel
6 Mar '17
Thankful but I think squeeze out is the most likely scenario and looking at an operation like T reinforces the same.GL
Spec
Posts: 6,325
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:56.25
View Thread (2)
RE: Honestsid/Quel
6 Mar '17
Ps, to all, it's not that I think a squeeze-out will happen, just exploring possibilities.
Spec
Posts: 6,325
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:56.25
Honestsid/Quel
6 Mar '17
Just had a reply from Irish Take a Over Panel, you can find the email address here if you wish http://irishtakeoverpanel.ie/contact/

It was confirmed that AIM does not fall under the regulated market provisions and the squeeze-out level is 80%
Brotherseven
Posts: 506
Off Topic
Opinion:No Opinion
Price:55.50
New IPO
6 Mar '17
Another former leprechaun stockbroker is venturing in to OandG exploration business with a listing in both AIM and Dublin next month.
Welloiled
Posts: 243
Off Topic
Opinion:No Opinion
Price:55.50
driveat15
5 Mar '17
Many thanks for answering my question.
barnaby67
Posts: 918
Off Topic
Opinion:No Opinion
Price:55.50
RE: Chinese crackers
5 Mar '17
Very close to the bone. I dumped my shares when this theory was put to me a little while back. It's just not going north of here (give or take) and the funds are better deployed elsewhere. There is a lot of effort being made to ensure this is effectively capped to limit eventual liabilities to get all of the shares and make this a 100% TF company (with a few friends in tow) - at least prior to it being turned over.
driveat15
Posts: 55
Observation
Opinion:Buy
Price:55.50
RE: Rule 9 waiver
5 Mar '17
If you look at the Irish Takeover Panel website and download the rules, embedded within Rule 9 is this ....

".....who
holds securities which confer more than 50% of the voting rights in a
relevant company may acquire additional securities of that company
without incurring an obligation under Rule 9.1. "

So it looks as if now Tosca hold over 50% they can acquire as much as they like WITHOUT the need to make a mandatory offer for the whole company.
i.e. Their Rule 9 waiver is now permanent (unless San Leon issues a lot more shares and dilutes Tosca's holding below 50% which I don't see happening.
quelfromage1
Posts: 319
Off Topic
Opinion:No Opinion
Price:55.50
View Thread (2)
RE: New article
5 Mar '17
Might attract attention from some new punters ...
Andreaban
Posts: 204
Off Topic
Opinion:No Opinion
Price:55.50
View Thread (2)
New article
5 Mar '17




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