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MoneyLender sent.
Excellent initiative. I hope you overcome inertia and muster significant PI support
Unless you hold your shares in CREST...and not a nominee account...you have not got any chance of stopping this offer....they will count all nominee accounts as 1 vote for that particular broker....this has happened many times. Check out the link to thismoney article
https://www.thisismoney.co.uk/money/diyinvesting/article-6359605/How-vote-shares-nominee-account-not-paper.html
Unable to email for privacy reasons. However I can disclose the 1.3 million I have left and would support.
I would add that any disclosure would remain confidential to myself, we are just trying to establish out potential firepower for the moment. We will keep you informed before any action is undertaken or proposed.
Hi
I dont post much on this board but I am well know on ADVFN.
A few of us at not happy with the shocking offer of 19.2p and are looking at ways
of rejecting it. I need your support in the form of numbers held.
If you would support the group we may be able to alter the outcome.
Please Email your name and number held so that we can establish what strength
we have.
Moneylender@GMX.com
Still 3.7% over 6 months. Keeps the wife happy and gives me more voting power. I have, like many others i hope, have sent my email to AMER asking them how they consider this offer acceptable after the earlier offer was rejected for being seriuosly undervalued. It deserves an answer even if its bull****.
What do you make of that. are they acting as a middle man for GEO?
more buys than sells.
Hope he loses his shirt! I’ll be keeping clear of IRON! Sold some AMER this morning, still got most of my holding for now and took a position in CINE and Aviva.
As you will know #IRON and #AMER share the same directors. Even the CEO of #AMER is heavily invested in #IRON.
#AMER CEO bought £1.3m worth of stock last year in AMER, mostly at 12p and today (Friday) announced a recommended cash offer for the company at 19p.
He has also bought £1.75m worth of #IRON (under the name Tracarta Limited) who are also in advanced stages to sell their license. These are the purchases he has made over the last 3 years;
21m shares at 4p on November 2016 (£830k worth)
17m on October 2017 at 2.2p (£375k worth)
6.5m on January 2018 at 2p (£130k worth)
17m on July 2018 at 1.75p (£300k worth)
5.5m on Nov 2018 at 1.9p (£105k worth)
A total of £1.75m invested at 2.5p average. IRON would need to sell their asset for atleast £16.5m for him to break even.
Make of this cheeky ramp what you will.
Perfect summary, Colonel.
So, everyone: (1) hold your shares; (2) make sure you vote when (or if) the paperwork lands.
Over 4 months
was told to big Metro investors. same thing now here.
there will not be a 30p offer. if there is any offer, i supsect we are continued by the shock factor that we would sell gladly for 22p-24p (which would have been lamentable before).
"At the moment I cannot feel comfortable about the stock market"
- very ture. think widely held. the greed has killed the goose. we never got to find out if it laid eggs, golden or not.
Forgot to say. Irony is that i will be voting against this deal.
Just bought 80k at 18.88p incl fees and reckon 4 months will see this out with £280 profit.
Safe investment in my wife's isa, which i promised could make more than her banks 1%.
At the moment I cannot feel comfortable about the stock market.
What maes you think a 30p offer is cong and how many working days left to make another bid?
My Spanish is very poor but I translate it ask Stop talking pish
El BOD es los maricones de Bogota!
Ages yet I think. Thought I would answer this myself having read the rns again.
Presumably sometime soon. Is it still time to buy voting shares?
I am sure another offer will come after seeing the last 8 trades being so heavy and close to the offer price of 19.21p . Just hoping for a bidding war now between three or more. I am still amazing why the RNS on Friday was at this 19.21p figure? and what triggered the news on a Friday. Maybe because better news at the beginning of the new week. Lets hope so!!!
You do not get a direct vote ...your shares are held by escrow which means they are not in your name...also although GeoPark Colombia reserves the right to effect the Transaction by way of a Takeover Offer with the consent of the Panel (where necessary) and in accordance with the Cooperation Agreement).....read the Takeover Code....this offer is going to be pushed through , if not voted through and also as stated in the RNS , there were more than one offer but yet the Bod recommended and all cash offer..there a reason for this and its all in the TakeOver Code..."The Transaction follows from a strategic review including a formal sales process announced by Amerisur on 19 July 2019 under the Takeover Code (the "FSP") to maximise value for shareholders. As part of the FSP, multiple interested parties received access to data through virtual and physical data rooms and management presentations in Bogota, following which the Amerisur Board received a number of proposals."
GeoPark can not buy shares or anyone attached to them as they are now insiders as described the Take Over Code