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It's a done deal! Unlike this one here! OBE for lego! Lol
Ouch!
Shhhh - he's posted straight after you!
from my humble point of view it depends from the level of interest from Nat and Co. I would think that in case of REAL interest price may go up to 60 ish, as this was the SP price just in September 2014 .. again - my humble blah-blah LOL
Firm is at 41p, do we expect the SP to much higher than 41p?
wheres that kid who was shorting at 23p or something?
Yes there could possibly be a bidding war. Good rns to start off with!
So ACE has the Austrian stake tied up! Nat will have to offer big if he is to stand any chance of winning. And I don't think we have heard the last from Big Len yet either.
Yeehaah!!! Up it popped as I typed! Game on now. Come on Nat, come on Len, show us what you've got in response to ACE. SP will fly north of 41p in anticipation of looming bid war. Very exciting.
Where?
Come on Nat we still have faith in you to save the day ! Gla
Cheers. So it refers to Nat's 25p offer then. Buyers seems to plough in after the rns so thought is Nat's new offer to compete. Been busy watching XTR today so thought I missed good news here. Thought the rns is as good as not releasing as nothing is committed. cherio.
Guys, read the RNS of 31 March. Todays RNS refers to the previously announced recapitalisation and open offer underwritten by Nat. That was then. Since then we have the Indonesians suggesting they will offer at 41p/share, Nat saying he will too if he has to and now Big Len buying a 1% stake at 37p. IMO Nat's previous offer is dead in the water - we now need to await moves by the others. Hold tight, top up if you can and your patience will be rewarded very soon.
Doesn't it just mean that the offer window is closed, not something that you'd need to do early unless you had what was needed?
Can anyone reads into today's RNS please. Offer or not? Perhaps an uncommitted offer with no price and terms to cover themselves, Is it good? anyone? Basically confused me more, so someone can enlighten me will be great. Thanks
Read the RNS - it explains why their shares are suspended. I guess however that we are now unlikley to see much bid action until matters there are resolved, hence the small dip today when we would have had a big rise were it not for this distraction.
Do you think there's an offer lining up to bid for ARMS and that is why PT berau is temporarily suspended?
erm how can you mcome to that conclusion bjp 1? Totally irrelevant idiot!
Arms has a 85% interest in PT berau and their shares are suspended. Looks like no offers until trading recommences in PT.
This is war man! fantastic piece of news. Onwards and upwards!
Bid central for ARMS. Nat vs Len vs Fug. This is shaping up better than we dared hope. Expect a big jump on Tuesday to reflect Len buying at 37p. That is now the floor to the SP and we should open over 40p ahead of any formal offer coming in. I am beginning to think that there is far more value here than we know about. 3 potential bidders with bottomless pockets and massive egos - not one of them will want to lose out to the others.
Blavatnik joins Rothschild battle: Britain’s richest man has entered the fight over Asia Resource Minerals — the beleaguered coalminer founded by Nat Rothschild. Blavatnik with a £13bn fortune is rumoured to have purchased a 1% stake in ARMS around 37p a share last week.