Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. 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.
Look at the deadline extensions like this. It gives folks a chance to withdraw their acceptance and get their shares out of escrow! It would be funny if acceptances slipped lower because of this! :D
Absolutely correct Bob. Well said.
Stop it. You are too funny ??
Sometimes things that don't seem to be a formality, are exactly that. The Mexican commission seems to be taking applications in order, and may have more work than usual this year. Last week they just got around to approving the major railroad merger that was announced last September. This week they are acting on a company called "Seadrill" that started a restructuring program in late August/early September.
If Ganfeng and BCN were still having problems with the Commission staff, they should have announced that by now.
From what I've found out so far, it seems that these deadlines will be rolled over continuously all the while the offer is in suspension. Apparently the receivers of the shares of the 'acceptors', who are Link share dealing services, have to have a deadline date to make their process work. There is no real deadline as the offer is under suspension, so we have a succession of temporary ones. In my view this should be made clear by BCN
The long stop date has not been changed since the suspension so things could get more interesting as we move closer to that. I do wonder what's going on behind the scenes with the Mexican anti-trust people; it certainly doesn't seem to be a formality
7th of december - the third deadline date to be issued via my broker, ii.
I've sent an e-mail off to the takeover panel. How can deadline dates be issued while the offer is in suspension ?!