Firering Strategic Minerals: From explorer to producer. Watch the video here.
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It’s moving upwards - just be patient rebound on the cards
This is certainly no prepack nonsense.
The mms are short of stock
They are all marked as sells BUT losts of decent size 4k buys at and around 2p
Haha Bearhunter I can't pull a cracker these days never mind the other
That’s a sign you’ve had a good weekend Neil 😆
Haha interested panties... an innocent typo I promise.
Interested PARTIES
56% spread!!
MMs having fun again.
IMO hold until the next RNS as I expect a spike from news of interested panties BUT I'll sell the spike unless any concrete deal is proposed [which I don't think will be the case]
I apologise for being blunt, but the company would certainly not have a "pre pack administration " ready.
It's a viable business with tangible assets.
Someone who is plowing their cash into this, is referring to anyone who isn't as "Thick".
I've seen that before, but watch what happens.
Looking to buy a chunk again
If everyone who posted on here didn’t have “thick skulls”, we would all be millionaires 😊, I offer subjective views only, please be respectful.
Phat fingers or nervous typing:-
Greetings ;)
Administration is not happening. Get it into your th
Thick skulls.
Completely agree. I doubt anyone else is genuinely interested.
Yvelkan, the reason he won’t buy it without administration, is because the very people who have unsuccessfully ran it, will safeguard their own positions, the administrators however, have to look after the best interests of the business, so if it is a sale to Mitu Misra, one would think it would come in the form of a pre pack, so he is free to do what he wants, and who knows there maybe genuine investors looking in?
Mitu will buy it but it will be out of administration
Thecodger, positive outcome I agree, but what scenario, the research suggests unless this management goes along with their big salaries, nice cars, and “extra special conditions” the company is doomed, CEO Rob Neal by all accounts is damn good guy, he has an HR department with more employees than the NHS, a new Operations Manager, new Head of Sales, no Sales Trainers ( but they have a sales department), why and how could they attract external investors, for me Mr Mitu and or his brother, failing that definitely administration.
Certainly not chump change. And Certainly not administration. Very confident this will have a positive outcome.
Another 1.5m in buys filled after market close
Thats exactly it. You run the risk of missing out regardless of what happens, just the eventual winner pays more if they do it now. This has administration wrotten all over it
A pre pack would be in place, the administrators would just administer it on behalf of the buyer, just to ensure a fit for purpose handover
Similar to ITS regarding the spread.
When it spikes to 2p to buy the spread increases to 20%
Let's hope for good news like ITS had last minute haha
Similar to ITS regarding the spread.
When it spikes to 2p to buy the spread increases to 20%
Let's hope for good news like ITS had last minute haha
Because then they’d be gambling, as they wouldn’t be guaranteed to get what they want if up against others wanting the same thing.
Look at what happened with Mike Ashley and Debenhams, he was a major shareholder and wanted to get a deal done to take it over, only to lose out to BOOHOO when it went into admin
If someone wants this or certain parts, they’re better to get a deal done before admin
There will be interested parties. People will want to see the books. But they wont buy till after administration... why would they?!