We would love to hear your thoughts about our site and services, please take our survey 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.
Sometimes being fearful is common sense, market doesn’t award medals for bravery, just as likely to punish but I do the whole thing about equity wipe out was irrational fear.
We will find out v soon
If a firm offer was made (which i think v unlikely) the mm’s would simply open the price at within .5p of the offer price and the price would stay around there until shareholders accepted or rejected..
Wouldn’t require a suspension, if an offer was made mid-day price would go into auction.
Don’t see an offer happening, think SP bouncing as the fear of wipe out lessens.
Nothing fundamental has changed but the very fearful are prob out now so sentiment turned
jake
and rio are spending $$$ billions,on theyre mongolian copper mine
deeeeeeep pockets
22/09/22 Rio Tinto spending $55m to start underground mining at Kennecott, Utah, with a mineral resource of 7.5 million tonnes at 1.9% copper.
Maybe they could spend that amount, and the rest, on buying a producing mine in Newfoundland having a measured and indicated Cu resource a lot more than that.
OK, apologies for the grumpy sod. Maybe I’m the grumpy one. Picked the wrong time to quit drinking. Anyway, all good then.
Jones 55% better off an moaning.
Nope not aimed at you mate as it happens.....
I’m guessing that was aimed at me, you grumpy sod. Been in this since Feb last year, does that make me a LTH? I check the BB everyday, to see what’s up. Just not the chatty sort. Rmm sh**ting the bed, plus yesterday’s pump, has livened my mouth up. So, could you tell me, o’ wise one, is this rumor just something put out by the p&d lot?
This got, and will continue to get.... Until the company clarify. The full attention yesterday of the known PnD accounts.
Whilst the prospect of a "40p plus takeover" exists. Totally unsubstantiated, but now put into people's minds...They will continue to prey on the LTHs hopes here and ride any small ups and downs from the new investors. It's clear as day.
The evidence of the many new accounts that have never shown any interest here. Plus the arrival of names that anyone whose read these BB's for any time know their modus operandi. Is proof enough.
They don't hope for that takeover. They will milk it's concrete absence to entice more in again Monday onwards. And repeat their PnD.
It's not rocket science. But it works clearly.
I still am waiting on a very large number of shares for official company news. That's all one can rely on at this stage.
Regards.
Hope you’re right as GameStop went up X 17 very quickly! Would take a repeat of that here next week.
Been watching this for a couple of weeks all doom and gloom not a hint of a rise even with decent buys.all of a sudden a guy on advn mentions a unconfirmed whisper and pow next day up 55%,I did listen to him as I thought my buy price of 4p was worth the risk,so I thank him for my profits.but the truth is ,it will likely be severely diluted or partly taken over by newgen.im going to guess that newgen relax the payment structure but instead of 10%,it's likely to be 13%to be paid every month.or it goes on to the tsx.so I'm expecting not good news when the rns comes.
Apparently their Twitter and FB we’re down earlier today, not sure if that has any relevance to this incoming offer though!
What was the chat abou the Facebook and some other of their accounts earlier. Can't see now, and was out but sure I saw some discussion earlier.
As for this 'offer' I wouldn't hand in.l your resignation over the weekend :) lol
Atb
So could in fact be much more than 45p?
Thanks micru
> If that is the case then the offer would in fact have to be 45p as that is the highest price paid within the last 12 month period, if that’s how it is calculated?
It's not just the highest price paid by anyone, just by the interested party
https://www.thetakeoverpanel.org.uk/wp-content/uploads/2022/03/Note-to-advisers_Rule-9disclosure.0322.pdf
> If a 40p offer is announced at 7am, is trading suspended?
With good corporate governance, trading should have been suspended on speculative rise, and a corresponding RNS issued (temporary suspension, reasons, addressing speculation).
If that is the case then the offer would in fact have to be 45p as that is the highest price paid within the last 12 month period, if that’s how it is calculated?
Jesus Christ. Did it really go that far over your head Ftseinvestor?
Why would people buy a Rolex when Casio do the same job ? It's call value of the asset though both call watch and do same job .
If a 40p offer is announced at 7am, is trading suspended? I know it must be, but not sure on the steps that occur. Do you know what happens
> Why would they offer £50 for a bag of chips that costs £1 to the man in the street?
There are certain provisions in the Takeover Code on the minimum offer price that has to be offered by the interested party. As I recall, it's something like the highest price paid for any stake in the company in the last 12 months. Not all that cynical, but who knows what can happen.
Why would they offer £50 for a bag of chips that costs £1 to the man in the street?
> What do other people think of this 40p offer.
Like someone farted into the wind, someone else picked it up and said they smelled steak pie, and now everybody's hungry.
The truth is, people who are still in are all in limbo, and if BoD have any decency, they will go above and beyond, even if at detriment to themselves, to at least return the majority to a parity position.
If I was certain that there was an offer of 40p at 13:55 like you were nonsense, I would have put the house on this. How come I never saw any gigantic volume trades. Surely you would have done that. Not doubting you, maybe you know something, but how do you know? What do other people think of this 40p offer.