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If you had bothered to read the publicly available information, you would have known that the summary judgement involves returning 21% of BritNRG for £1.02 million. This leaves MNRG at 12% in BritNRG. Not a great deal at all... Your "assumptions" are so off, based on nothing and potentially dangerous to investors.
Few more weeks of waiting, then some sort of conclusion. Until then, see how the demand for shares go & read the theories of what is happening, here.
Not at all m8
Did you not see the :) at the end.
BG.....oh dear Regies getting under someones skin.....You know Mr Rocco do we.....Well Well Well.....I never.....Reg
Rumour of 36% offered?
Lala land m8.
They bought in for 50% but want to reverse the transaction!
Can I have whatever you're drinking as my portfolio would look a lot better :)
RR.....of course Im hoping for the best.....Some thoughts;.....Summary Judgement date for 22/9 was granted on 1/8.....while RNS about this was not announced until a week later on 8/8.....This delay could suggest some horse trading going on in the background.....Meanwhile..... we have heard rumors..... of Defendant offering MetalNRG 36% equity in BritNRG.....if investors vote to stop legal proceedings.....Therefore....this begs the question....what length would the Defendant go to to stop the Summary Judgement.....Conclusion.....anything could happen here.....A last ditch Takeover cannot be ruled out....Possibly at 0.75-1p.....Im now off for a Greggs.....Reg
Reg - if the MMs want our shares desperately, its not so desperate as to raise the Bid price. You are obviously hoping for the best and I hope you come out ok as if you do then so will I although my stake is less than a few rounds of golf and a loss of any kind hurts.
Nope
But we speak
If you know the history of the current situation with reference to the AGM action and EGM proposal you will see he the main protagonists are. One is Pierpaolo and I'm sure you'll know who the other is being the largest PI holder. Join the dots...
Guarantee?
100%?
Are you Rocco?
I can absolutely guarantee that it's not Rocco. 100%
I don't believe Rocco has to buy shareholders off as through him we will get a vote. We have never really been engaged by the current BOD
At 16:02 got 1349618 shares. Crazy.
Well they can have mine at 1p, maybe :))
......I bought £800 quids worth the other day.....which went through as a sell......MM want our shares desperately.... hence the tree shake to panic us......The picture is this.....Rocco has to buy MetalNRG investors off.....or risk his credibility being ruined in Summary judgement.....If I were Rolf.....I would not settle for less than 51% BritNRG.....for terminating proceedings.....Reg
Yep, about to say the same.
Fake sales gone through (to drop the price) then large purchase?
Hmmmm?
Something going on. Likewise, got a quote to sell 5 000 000. MMs happy to take them, which hasn’t been the case for about 18 months. Time to top up??
To test why I whacked on order in for a top up of 500,000 shares and wasn’t that surprised to see a huge sell very shortly after!
Maybe it's Rocco, before any vote?
;)
How can they drop this on little volume of only buys?
I can get a quote for selling 11m shares so is there a buyer trying to pick up cheap shares?