Roundtable Discussion; The Future of Mineral Sands. 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 70% of shareholders did not participate in voting. That says to me They do not care who manages the company and in it on the wider long term play. If you strongly supported JB and did not vote and you are sad. You only have your self to blame though
Apart from voter laziness there's also high risk of brokers twisting a things/irresponsibility/negligence, not necessarily intentionally - most even didn't knew there's vote - thus it had to be communicated on words via the phone without any conformations/warranties.
Last bit theoretically should cost them a FCA license, but never does.
As we said at the time JB was offered 21p before he sold And only offered PI 20p. it was a rubbish offer to PI.
And no more 20p ceiling!
The result is great news. The BoD could be better but now they can focus on getting this company back to lending. JB can leave now to let them get on with it or if he still wants in can buy back like the rest of us.
.. correction: 3% voted on GM but didn't give a toss about AGM.
Only 30% (143m out of 475m shares) have participated in AGM voting, other 70% didn't even bother.
For GM its 33% (159m out of 475m shares) participation rate, and 67% decided not to bother.
3% voted on AGM but didn't give a toss about GM.
He offered 20p was a bullying to us. He did mentioned Amigo worth 105p
It was the institutions that he should have focused on earning the support of, they probably told him to pee off with his 20p offer and found it insulting considering they paid 10x more plus.
@Toast&T he did say he would walk away if he lost. Usually he does what he says he's gonna do.
That said he was walking a way when launched the irrevocable sell. so who knows. My hope is that the BODroom shenanigans are done so that we can make some money. But who knows?
Just two words to James
Failure - we small investors with greatest instant hope come to the end
Hero- Still having time to turn the situation adhere by all small investors
If he had bought back would his shares of counted ?
;;;;
Gutted
But as we've said, as a strategist JB has failed again so maybe he isn't the saviour
BOD must now realise they can't just sit there earning the big money and judging their RNS they now know that
Shares will eventually end up with investors instead of traders giving it stability LT
Sniffs of good news will rise sp but it should stay there rather than come crashing down again 2 days later
I'm keeping hold of my shares and still have a LT view as I believe the large holders who voted for the BOD would of wanted info on claims & strategy. Lovering did say they are prepared to fight ones that are unjust
Time to get behind those that could make this company great again and keep them to account or sell up and move on
As I said gutted it wasn't the fairy tail ending but thinking it through we would only be the start of another battle for power if he'd won
@hunniford
That’s assuming he has nothing else planned....and what do they say about assumptions being the mother of all #£*&ups?
Lol, I suggest you do some more reflecting lol
The other thing I'm going to say is perhaps JB isn't the greatest of strategists.
I mean to lose a major vote twice takes some going. Particularly when you are posting on twitter about buying the CFO a leaving gift and talking with the certainty of someone who could only "have a master plan in place"
On reflection it is somewhat delusional
Hunniford,
“Sadly I seem to hold more shares than he does at the moment. Now let's hope the show can go on. The board need to shake out some positive news”
Ha ha..probabl;y true for many right now.
Yes I think Nayan has received the tightest of victories - a vote of no confidence in my books.
Ha - I have no option but to hold now - regardless!
Am disappointed to see JB not get in. That said it would have been utter carnage and damaging for the SP if he did get in and the rest of the board remained. Imagine how they would have tried to work together it would have been terrible. Every time something went wrong JB would be on Twitter when he didn't get his way.
Sadly it looks like Glen Crawford was a casualty of the JB side show which was a real shame. would have preferred him in there as opposed to being out.
Hopefully if James is done he walks away then and doesn't snipe on the sides from twitter.
Obviously there will be discussions on what he does next etc. Will he acquire and push for a takeover. I suspect not because it would likely get blocked by the same shareholders who did not vote for him.
Ultimately it looks like James has lost his baby. Sadly I seem to hold more shares than he does at the moment. Now let's hope the show can go on. The board need to shake out some positive news.
A real Olive branch would to see Nayan resign and get a new CFO - look what the SP did as soon as he was announced as staying.