I personally couldn't give a flying fart about the outcome of the talks. Cameron's package of requests is so pathetic as to be rendered meaningless in the grand scheme of things. The whole caboodle is one big charade cooked up between wets in the tories and the Eurocrats. The only reason they haven't snapped Cameron's hand off is so that the British public will be hoodwinked into thinking weasel Cameron has fought well on our behalf. When broadly the politicians, the Bankers, the global company chiefs, the bishops and the chattering class all want us to stay in, you know it's time to head quickly and in an orderly fashion to the nearest exit. Ignore the scare tactics.
I'm not sure whether this weeks meeting will affect BMR directly, but it may be worth noting for some shares in your PF. European affairs will matter more than ever in the coming week, with investors and even the average man on the street expected to keep close tabs on the outcome of the European Council meeting on 17-18 February, in Brussels.
Article about problems at blue chips and the current effects on profits and especially dividends. Mark Cutifani, boss of RTZ pulls no punches about China slowdown, and reckons things will get worse in 2016 before they get better with largescale redundancies and huge asset sales. Not a good time to be starting a new mining operation, although in fairness we are hopefully something of a hybrid.
I don't think these should be written off as a gimmick. Don't forget they were first mentioned in the Lexinta placing. Lexinta invested heavily at 4p and want more when the share price is on the move, at the end of this year. Credit to AB for granting the same to current holders.
Not sure why people think the price is going to drop to 2.5p. Investors loaded up at between 3-4p over the last couple of months. No traders in this at present and so I just can't see anyone selling them at 3p or less. I'm expecting a bounce as soon as the offer closes.
The reason I won't be buying is because it doesn't represent value for money. Even the 7p warrants are a bit of a joke. So, I can get a sixth of my current holding again now an have a further warrant to match to exercise at a later date if I wish. I'd rather take the the cash value of a sixth of my holding and purchase shares when they are 2.5p nd everyone else is moaning about being locked in with their new issue of shares and on ZEMA approval buy again, probably then at about 3.25p. we'll be lucky even at approval these breaking 3.75p. they'll be plenty of chance to buy and buy again before ever those with the warrants could ever hope to exercise their warrants. Do I still BMR will be a success...Yes. but the truth is now we are probably still two years away from getting anything like a decent retrn on 3p. Let alone the warrants that will be gathering dust.
We can't be sure what the demand has been? I mean I know just from reading the boards if we take whatever people broadcast on here as the truth then it's a mixed bag, even some of the perma bull BMR investors haven't taken up the offer.
I would hope it's not excessive and given how little interest there appears I wouldn't say it'll get much worse dilution wise, then again....
If you apply for your entitlement you'll get that regardless it won't be 'scaled back' to satisfy excess share requests as far as I am aware?
As for any excess shares claimed for there appeared to be a desire to satisfy all orders of possible, even if this meant raising more than £750k - somewhere within the circular it states an additional placing could be done to satisfy orders of excess shares.
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