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.
So what does this mean lads
Interesting that only about 35% (as a percentage of issued shares, not number of shareholders) voted at all. That's worse than a UK general election, which is saying something :O
Porr effort chaps. I guess we got what we deserved....
well I voted no !
You and 5 other PIs probably D220!
So I was one of only 6 holders that voted no...?
96.3% voted for the resolutions.. outstanding..
Results of Court Meeting, Extraordinary General Meeting, and Annual General Meeting The Board of Directors of Mariana is pleased to announce that, at the Guernsey Court Meeting and the Extraordinary General Meeting held earlier today in connection with the recommended combination of Mariana (AIM/TSXV: MARL) with Sandstorm (TSX: SSL and NYSE MKT: SAND) (the "Combination"), (which is to be implemented by way of a court-sanctioned scheme of arrangement under Part VIII of the Companies (Guernsey) Law, 2008) (the "Scheme"), Mariana Shareholders voted to: · Approve the Scheme by the requisite majorities at the Guernsey Court Meeting; · Pass the Special Resolution in connection with the approval of the Scheme and the amendment of the Mariana Articles at the Extraordinary General Meeting; and · Pass the Ordinary Resolution in connection with the implementation of the Retention Arrangements at the Extraordinary General Meeting. Voting results of the Annual General Meeting All resolutions proposed at the Annual General Meeting were passed by shareholders.
Its been approved.. phew
Your not coming in 😡 Been years since I was refused entrance ha ha. No sign of him. They obviously weren't expecting many people to turn up as a very small office by city standards. Oh well nice walk and lots of lovely sights with the sun out 😁
have position for 1.28 for sale but no buyer yet. mistake?????????????????
With SAND now at 3.63$ and exchange rate at 0.7833$/£, the merger offer equates to 101.91p, so only a small premium to the current mid-price. This leads me to believe that a yes vote will have very little effect in terms of further attempts at arbitrage. Nonetheless it will mark a new period of certainty for MARL-SAND (or at least a phase of less uncertainty), so perhaps improved confidence, and with it new demand. I have no idea what effect the substantial arb positions will have. Cordially Lionel
The BOD are too busy counting their cash to log an RNS!!!!
I'm sure we're all wondering the same thing: how is the sp going to react to a YES vote. IMO, the MMs have been playing a blinder here over the past few weeks. They know (from experience, and just by watching what's happened since the takeover was first announced) that a large number of shares held by PIs are being and will be sold prior to the vote. They also know that arbs are taking up any shares they can get their hands on. It's an almost unique situation where there are 2 entirely separate markets - the PIs selling, and the arbs buying. They (the MMs) have been able to keep a fairly wide spread without the market drying up, and they're making a killing bidding many % below the offer value and asking often close to it. There have been occasions when the arbs have paid well over the ask for large buys and clearly they can do this when they are buying in such volumes that only a % point or two will equate to a significant profit for them. But what happens once YES has been confirmed? I think the big question is will DEMAND increase yet further. Will we reach a situation where buyers looking to capitalise on the discount between the market price and the office price want more shares than the MMs are getting handed to them by PIs? As soon as that happens, you can be sure the bid will rise. My current thinking is that demand WILL increase after a YES vote purely because of the fresh round of attention which the vote will bring. Market commentators will be writing new articles highlighting the disconnect between the current market price and the value of the offer, and a new wave of investors will jump in knowing that the only thing that could compromise their investment is a significant drop in SAND over the next few days. To counter this, a YES vote will also bring a fresh wave of selling, as evidenced by a number of people's strategies (mine included) which have been aired here over the past few days. It's all a question of how many shares PIs are still holding at this point and I suspect the answer is not many...
... strange that there is no news Cordially Lionel
Forgiven! All eyes on you now Bushy - haha! Pick up a champagne glass when you enter and just blend in..
Sorry, just got online. But I'm not at the EGM/AGM due to minor family crisis i haven't got back to London in time. So in the same boat as everyone else, hanging out at Starbucks now waiting for the flashing red dot.
is over on the SOLG board..
and George
he is too busy talking to bungle !
Zippy, do you actually read other posts???
Any result yet? Have we got an ear on the ground out there?
Wouldn't want to waste good beer on him unless he pays!
Too slow! Thanks spud! Bushy just look for the nearest pub! And if you see Glen, pour one over him please!!!
Ta. It's about a ten min walk from me fancy some air will take a walk about 12 to see if I can blag my way in ;) or find Ludeck