George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
If this is voted down then BoD will as stated in the RNS -Accordingly, the Amerisur Directors intend unanimously to recommend that Amerisur Shareholders vote in favour of the resolutions relating to the Transaction at the Amerisur Shareholder Meetings (or in the event that the Transaction is implemented by Takeover Offer (with the consent of Amerisur), to accept or procure acceptance of such offer)…..so they will push it through
Not to mention that their broker had a fair value of 37p per share a week before the FSP started.
I TOTALLY agree with your assessment. My most pessimistic price was 23p but ffs how can the board justify running a beauty parade that ends up only enriching the lawyers and bankers and themselves with their no cost options. it beggars belief that 4 months of non-negotiation has brought us to this . It is an utter shambles, and Clarke should be called out for what he is a 24 carat shyster
What is the chance of a counter offer and if not you will only get 1.2% on this latest price, best sell and make more money elsewhere isn't it.
Please, let’s all vote on this. I’m certainly voting against. It would be great to get it voted down but it would need a lot of us and some institutions...
Surprisingly bad offer, Geopark plainly aided by ONGC in suppressing value. I think worst case in my view was 20% higher than here, to come in at current market value and within the 12 month trading range is shockingly sh*te. This must be driven by Michinoko, JW comments on the deal were half hearted at best, I suspect arm twisted to accept the deal.
I think it is possible there may be a counter offer at this level, are M&P really going to be put off by less than 2p a share? 75% of shareholders have not yet voted for this deal, I won't be voting for it with my 0.2%!
Let hostilities commence. Its not over until the vote is in.
Tend to agree that people should vote this offer down. Given CPO5 progress and the seismic in Putamayo think I'd rather wait, change management and see where we are next year.
At the very least i'd like to explore share/cash offers.
Disgusting offer, don't let your shares go, we can still vote this down,which I will be doing with my 700k shares. Then Giles Clark should be the next to go, absolute scum, which let's be honest we all knew he was but to sell out share holders in this way with a sub 20p he should be struck off for life.