Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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The vote is lost as they only have 35.8% in total that’s max joined together all totted up - time is up for declarations so they can’t possibly win even if you calculated it on a really extreme lower than average voter turn out think about it - do the maths! Which shareholders would vote for this. NONE get real!
IMHO DYOR GLA BUYTHEDIP
Yes there will be some fairness as to how much they can tank it down today. So company will buy as know they will be price matching tomorrow afternoon anyway.
But can sell all my holding they’ll take it all… I suspect the MM have worked it out too and are themselves collecting a large ****nal of stock here to sell to you at 3 x this current price tomorrow!
IMHO DYOR GLA BUYTHEDIP
Can’t buy a bean…
IMHO DYOR GLA BUYTHEDIP
Pukka pies are the best TF ;)
I think you are correct on this.
I think we will see a positive move today.
Times up - No declaration made no TR1s posted over the entire time since announcing means they won’t have enough to win. I believe they thought it was going to go easily without much other investors buying but instead they’ve seen a great amount of interest and buying up by private investors. Board have egg now on their faces. It was a stupid unnecessary exercise to try and go through with this and not in best interests of shareholders at all.
What will the rerate be tomorrow on failure to win? 10? 15? 20?
IMHO DYOR GLA BUYTHEDIP
Blades They hold 35.8% in concert but anyone buying who is doing so to add to the concert party will need to declare as they are a connected party to the board Of Directors
So far no declaration from anyone has been made at all but 35.8% won’t win the vote for them and as per RNS that’s all parties who’ve declared to act with Board. They can’t get away with buying and not declaring I think you’ll find FCA would certainly have something to say about that!
IMHO DYOR GLA BUYTHEDIP
The shares don’t have to be bought by just one person to equal 29% it says that in the RNS
And they don’t need 29% they will know who’s voting for and against especial the big holders and they already hold a good %.
Personally I would be amazed if it doesn’t get delisted.
Now your telling Porkies Pumpky
If this company delists:your shares will be worthless:For this reason "(I am the owner of this delisted company 'I do not have to inform any shareholders of what I am doing/do not have to disclose price sensitive materials And have no interest in purchasing the minority of shares;I HOLD THE MAJORITY XX
I presume online paperwork these days would allow someone to buy shares Tuesday or Wednesday first thing and get the vote online.
If the vote is passed to delist did I read this is automatic rather than a given date after application to stock market.
Is price match delayed trading rather than our regular online snappy transactions. Will usual broker deal or is it via their company after releasing a price. All a bit unfamiliar to me.
The market upped the bid to sell their 3 pence shares! Those last 3 buys totalled £1500 x
nice little up tick. lets hope they don't get the delisting.
If the market didn’t want them
They wouldn’t be upping the Bid into close
We can all say we got 100k to put in, why on earth would you be so stupid to have 100k sat doing nothing and stick it in a penny share. Crazy. Pop down the casino, all you're portfolio is gambling. Meal, traf, cine, ies, mmag the list goes on. All aim garbage looking for an easy profit which in most cases wipes you out, all they are worth is a risky few grand and nothing more. All you're portfolio is made up of a 1 bit wonder.
3 x buys just gone through
At the full Ask
False information The BOD require 40% of the shares(Remember now?)
How is that false Pumpky?
3.50 is the Ask
Keep up I thought you’d finally
Bought in & would want it to rise
Too many traders to listen to reason'false information posted by Jock/Mag
3.50 posted on the ask
What a game they’ve played today
Some relieved of their stock unnecessarily
Safe to say nobody on the board wants these naff shares.
all punt money now. looking for a spike, dear dear :)
I care though :)
I can buy £100k if i wanted too here. but hey ho.
i like to diversify as much as i can - so good luck here if new. always looking for oversold positions etc.
Just had a little "punt'10/15% and out!!