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Many thanks for the information - appreciated, will keep you informed If i am going !
This is from the official scheme doccument:
"Notices of the Court Meeting and the Amerisur General Meeting, both of which are to be held at the offices of Ashurst LLP, London Fruit & Wool Exchange, 1 Duval Square, London, E1 6PW on 19 December 2019"
I thought the vote / meeting was tomorrow ! can someone please confirm location / time etc as I really would like to attend !
How is this even possible if the vote isn't until next Thursday......this whole process stinks
So did I but have just been on the phone to them and told them to vote NO on all the shares I own in amerisur.
SOUNDS AS IF THIS IS A DONE DEAL
Today, LITERALLY 5 MINUTES AGO, just received a letter from HSBC Invest Direct stating that this is a done deal, it states:
''shareholders at the close of business on 15th January 2020 will have their stock converted into cash, on the following basis:
You'll receive GBP £0.1921 for every ordinary share held in Amerisur Resources Plc,
Proceeds from the Exchnange are due to be paid on or around the 30th January 2020,
Please Note: that trading in shares of Amerisur Resources PLC will be suspended from 13th January 2020 to allow completion of this event ''
I am holding till they pay the cash to us on or around 30 January,(says my bank who hold my shares). Why incur a cost to sell ? Let the robbers do the work, I say.
I've had these for ten years. If I hold now, after the vote, will the 19.2 offer apply? Or should I sell now at 18 something? After this action, the shares will be what, diluted by new owners, go up/down? Sorry for ignorance, I don't do much share work, this is first time in one of these weird sales (since all say undervalued).
Yes me too, holding and voted No but willing to take 19.2p if the deal rolls through and will walk away with a modest profit on what was a very risky punt. Disappointed if that occurs because I suspect we are being sold on the cheap but not much we can do about it. Sit on your cash and don't invest in stocks until after the main global markets have dropped 50%?
I have voted no for both meetings and so is a friend of mine, not on this board. Total shares voting no is 240,000. Small combine holding but hopefully, many like me and my friend will vote no and this will add up enough to stop the fire sale of Amer.
I'm still fully in here as is my No vote.
My question for now is - do the votes of those who may have voted before selling count or are their votes removed at the time of disposal of the shares?
I am assuming there can't be many holders left in AMER as the BB is dead ?