Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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They should have gone for an RTO with PPG, they still haven't found anyone to RTO with either.
... and I'm in both.
Trading in AQSE requires you to call your broker by phone and put a sell or buy dealing, which is almost instant, but you will pay a higher fee for the transaction. I am at HL, I believe the fee is between 20-50 pounds.
So once we get our shares moved into AQSE I believe we will be able to trade them calling our broker.
Is anyone registered to actually attend the AGM? It'd be good to know how they explain some of this, and to see if there's any kind of positive slant they can dress it up in...
Have to admit I'm really disappointed in this outcome. Funds tied up until god knows when in, at the moment, God knows what.
Hmm, not exactly the news we have waited for.
Do we have much choice ?
What happens if the deal doesn't seal and we don't invest?
Don't worry lads the hospitality business is going to £2
Indeed. Greg25 where are you now?
It might treble in a month of opening on AQSE! It’s so volatile anything can happen still.
Just hope the deal is sealed and it lists. At least that way, we get something back and the potential for gains remains. We all knew this was a punt based on Directors reputation.
The only other silver lining here is it show up the rampers that were here a couple of months ago spouting 'this will multibag' etc etc for the people they really are !
The only silver lining is that we get something back. Wasn’t expecting much after the last RNS. Ultimately, they have failed to deliver but that was always the risk with RTO’s. Gla
Feel your pain, Boom.
I’m feeling same way. They always promise ‘shareholders best interests “ but this seems like a shaft ing ...
I can’t understand Directors logic at all at this stage.
Can anyone breakdown what this means for our investment and money?
So no RTO. How does this hospitality transaction work.
Well there you have it
Unfortunately looks like no new target has gained traction, so delisting.
An “All resolutions passed at AGM” RNS early Thursday afternoon ...?
End.
Next RNS 6 January?!
Not sure they’ve had enough time to do a deal. Suspect it’ll take months yet. But they’ve had time to target and start a deal. All the processing etc will see us into Q2 before re-list I reckon.
Hopefully RNS next week after Thursday AGM?
Well proof of the pudding as they say we are all judged by our results and its now different for these guys - fingers crossed..
Cheers Don.
That’s my hunch too.
It is indeed, Mr Cautious.
But I’m not being a negferret....
Agree with you Africanskies.
Having this authority would give them some flexibility in structuring a new deal, and being able to move faster IMO. I think it's a positive step given where we are in the timetable.
Thats an if and and if !!!
Special Business (ii) resolution they're asking for permission to grant upto 50% of share capital. 225 million shares.
As ever, no problem with that if it’s raising for good reason and SP isn’t too discounted etc
Looking more closely at the AGM motions it appears they want people to vote on the issuance of 50% more shares, but worded in the usual woolly RNS way...