Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Think I’ll wait for my account to credited with an extra 2k on closing for a 10 day wait
Well RNS confirms Hanover now hold 56% of shares in Brady.
Are they going to get acceptances over 75%?
Maybe worth hanging on to see final acceptance figure and if below 75% keep as a minority
shareholder. If Hanover expect a return on investment small pi's could also gain.
At least food for thought.
They did. The whole affair stinks but at least they did completely rip off existing shareholders- still they are big enough to look after themselves whilst all we little peeps can do is see an opp and go with it.
Indeed, an excellent month for me and I was in a bit late at 7.5p..
Got to feel for holders from 50p though. Think Hanover have got a bit of a steal here
Well, not too suprising - had hoped they would hold out for more but they probably thought, made our point .
Overall excellent 1 month
Sorry, I was not expecting Kestrel/Coltrane to sell out to Hanover.
Now a done deal at 18p.
That makes sense. Thanks IB.
I would guess it would be a put through. Kestrel/Coltrane holdings [circa 48%] transferred
to a new holding company to [a] make new offer [b] manage Brady henceforth.
3m and 4m "sells" actually transfer to buyer of 7m?
very odd given the MC is £15m
So much for the directors belief and stunt that 10 was fair.
Criminal investigation required. - bet they are getting a tad sweaty!!
Gits
So we have an RNS showing SP at 18p but we are still below ! why isn't this flying
Other bidder will come back at 22.
https://www.investegate.co.uk/hanover-acquisition/rns/recommended-revised-final-cash-offer/201911181037407421T/
Hanover up offer to 18. Bidding war is on.
No worries. By the by on Ion:
As Megabuyte’s Rob Warensjo points out, most of the big players in commodity/energy trading space (Allegro, Triplepoint, OpenLink and Aspect) are now under the ION umbrella, the private equity firm that has aggressively acquired over the past decade, including buying a stake in data provider Dealogic and the £1.5bn Fidessa, taking it into the equities and derivatives markets.
Hi four princes. Got it now with a little moe research.Good luck to you
Because we don't know what the second bidder has offered. Could be 10p could be 40p (which is fair value).
Why is the sp not closed to 10p?
Spoke to various experts in the field last time round who were convinced Ion were likely buyers and they are on a spending spree https://www.google.co.uk/amp/s/amp.ft.com/content/d43abd8a-0792-11ea-a984-fbbacad9e7dd
BOOOOOM bidding war get in
Probably find they are the directors!!
Going to get interesting
HEHE
Back of the net [part 2]
So Hanover have managed to get 1.37% of shares accepting their [recommended by BOD] offer.
Clearly none of the ii's are interested. Very positive for shareholders from hereon.
Yep, ripped the security over the company off Hanover and put it straight into their pocket!!
Check mate for the fooking BOD - if they had offered 20p could have gone through but they are greedy and trying to profit by deceit or ineptness.
P45s incoming imo.
This is very positive news for pi's --still some of us left!
Kestrel/Coltrane alliance accounts for almost 50% of shares so impossible to override,
and BOD hold no shares at all.
Obviously Hanover bid will lapse but will there be another in the short term?
My view is that K /C will continue to work together to sort out financing and now with
3 months or so in hand will seek to find a permanent partner from the tech industry to
carry forward Brady development.
Kestrel have been a major shareholder for many years and have a much higher entry level
than current sp and I would expect them to work [hopefully with a new CEO] to maximise
return from the Brady expertise in a niche market.
I would also expect present employees to be delighted at the news today, a boost to morale.