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Go and bark elsewhere, you only bark when the price is going up and quite when it’s down, stop being a child what does “how many share do you own” mean !! Playground games
We have a lot of support at 39.
Hopefully we can hold here then when vas sorted a nice base to bounce from. Rpt is an excellent company raking in the money and with a possible take over looming, what's not to like here
you have no idea son - how many shares do you hold ?? I've made 1000s on RPT , trust me I dont need your advice
what you on about you ??????
are we at 33 you fool
no no no
shhhhhh
That’s what I said several times - looks similar to Ophir. Get the price depressed, then offer a 50-60% premium But here we have pretty good downside protection
Krok,
Yes it is, but I’ve used the net gain after accounting for his purchase cost price.
Neither am I proposing £1 as a sale price. I was just using it for modelling purposes.
Parity10,
Most likely.
Seems to me the question is ‘whether’ rather than when.
Price was going sideways before a bid in jan 2019 we are in the same situation.. 60p 65p bid sounds about right hopefully a buy out this year
Looks like your the idiot now. Don't get attached to any stocks and start barking like sukithedog when the price goes down. I always buy in tranches and hold quite a few shares. Will be buying more tomorrow morning if the prices drops further knowing this will be back in the 60s in near future.
At 1 pound per share, implied market cap is US$416mn and 54% stake is worth $225 mn That said, forget about it, it has nothing with reality. If there is a bid at 65-70p, we are lucky. Will personally make very good money in this case and will be happy
Straycat - whilst we would all welcome a big fat bid for RPT, surely no bid is likely to materialise until the Ukraine court Order suspending production in the VAS field is lifted?
Energees bought a majority shareholding in RPT in 2011. They paid 38p a share. They currently own 173.1m shares valued today @ circa £65m, a 54% holding.
During the intervening period, until 2018, RPT had struggled to post a profit and took a massive write down in 2013.
No dividend has been paid.
In 2018 their fortunes turned. And in August Pinchuk appeared to buy 24% of the Company. Far from cashing in his investment pre Christmas when the sp hit the dizzy heights of 63p, he decided to add to his investment earlier this year when the share was in relative freefall. Kelda now owns nearly 29% of RPT, just under the take over announcement threshold.
Meanwhile we have another Oligarch, namely Vadim Novinskiy, who is sat on an investment which has never turned a wheel for him in 8 years. His net worth is c.a. $1.0bn in 2019 according to Forbes. He could significantly add to his wealth if he sold his errant RPT. Or he could wait and hope for the sp to triple in value. If he got £1 per share, he would net an additional $139m approx or 14% to his pot of wealth. Now. One deal away.
Oh for another Oligarch with whom he could do business. Someone with access to money (Pinchuk's net worth est. @$1.4bn in Forbes). Someone already involved in the Sector, with attendant knowledge. Someone who knew RPT of old, having already mounted a failed bid previously. Someone who might recognise true value in his asset. Someone who knew any deal would have to be agreed, and could never be hostile.
I'm not privy to level 2 analysis, but if the MMs are at play then we could be in holding pattern.
I'm simply positing a different scenario and obviously the above is pure hypothesis supported only in part by fact.
But at least it should be shredded by alternative, more plausible explanations for the current status quo.
So go ahead and shred it. No offence will be taken.
Sounds about right.
What's your target price qwerty out of interest?
And there we have it, back to the potential for any takeover which is the one topic never seriously investigated on this board.
Even though it's staring us all in the face.
There is just a lack of interest in the share due to the poor BoD performance so far this year. Most AIM BoDs would be envious of the position RPT are in with cash position and little free float shares. As a minimum i expect a couple more drills to be spudded. It may be the case that Pinchuk has already started a takeover discussion with Energees pending results of VAS CPR so the company is holding fire on cash deployment if there is likely to be a takeout fairly soon.
This is tiring zzzz
Come on bod, pull your finger out and update us with something to get the sp moving.
I agree and with 321m shares in issue with most being held tightly this would indeed make a serious impact. Once our current issue gets sorted we should see a nice rise
Now is the time to be adding imo but glad I have traded this one
BoD need to pull their finger out and initiate a £5m share buyback with the price so low. As well as drilling new wells the best investment they can get is buying their own shares up to 65p rather than parking it in Ukraine gov bonds. Hopefully Baron puts the pressure on the BoD. Personally i think just £1m buyback would send the SP rocketing due to the very low free float.
Now*
Bit*
Not that's a nice big of confidence for us
Any lower than 39p despite what's shown.
Someone been adding 25k lots
This will climb soon but will add final bath too if drops any Lower
Think of was right my final batch around 35-36p do me fine
Peoples swapping shares.
50k sell and 50k buy