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.
Hi fellas, on annual leave so just checking back in at the moment. I've got 5.25m shares at the moment and will be voting against. I think it's a great idea to email publications like the Mail and Telegraph about this dodgy insider job led by our dodgy director Patel. I'll be sending the company an email outlining my grievances and utter disgust at what they are doing in the coming days. I suggest others do the same.
At a guess we PIs probably make up 40% of shareholders. We don't need to sell and can definitely vote this down if we band together. Fwiw I don't think this is Saturn's final bid, and I'm hoping we can find another buyer who is going to push the final value closer to 20p. The good thing is any would be acquirer now knows the mgt team are supportive of a sale. If my remaining shares in i3e climb a bit more in the coming weeks I'll add more here providing I can get them at 13p. I think I can get to 6.25m shares in total, so a pretty decent holding. Every 100k shares counts on this one. Hopefully we'll have one or two bigger shareholders take our side and we can safely see off this insult. Anything less than 20p should be rebuffed. GLA
''yes he would sign up for it for a great new jiob with enhanced package err hmmm''
So just like Chris Fraser CEO at Sirius Minerals did with Anglo American then (after he helped them f8ck over their share holders with a cheap takeover 'deal'!!)
First post from me too. I have 700,000 and share the frustration of prob all private investors in this. I'll certainly be voting against this sweetheart deal.
I like the idea of having some form of shareholder action group (SSAG??) but how do you go about it?
Yes - contacted Questor with a one page synopsis of the situation. Messages were as follows:
Me: I’m contacting you about a share I hold, Shanta Gold (AIM-SHG) and thought you might be interested in some developments that happened today.
Richard Evans Questor: Thanks, I've forwarded your message to Russ Mould, who has covered it for us before
Me: Thanks - I notice Russ has covered Shanta earlier this year. Hopefully events will pique his interest!
RE: I'm sure they will!
466,000 and NO
Has anyone written to the financial newspapers. Ie telegraph and times etc
Bubble-100,000
And my 400k (first ever message on here - and this horror story has caused me to post this and many years of observing from a distance.)
I only hope that this is a stunt to draw out other bidders - if not then I think we can safely say that the Eric who presented those exciting and passionate interviews and presentations over recent years - was not the 'real' Eric. Only time will tell......
184000 and a big NO
127,000 give or take a few. The sale price is a disgrace, but given this is AIM, not surprised. Its a big No from me.
Add my 170k, please.
Don’t have many shares but hold 110000. Count me in
142000. I'll be voting no.
I am not one for posting here but this stinks. I have 68K shares and this deal is a big NO for me.
240k here
On the HL platform you can usualy vote through shareholder meeting link in your accounts. i am guessing this is the same for this offer? I will be voting no to this shameful and clearly corrupt offer fyi.
No with circa 700k shares
Https://www.londonstockexchange.com/news-article/market-news/recommended-cash-acquisition/16259660
From near the end of Appendix 3:-
The irrevocable undertaking from the Shanta Shareholder listed above will cease to be binding, inter alia:
a person, other than Bidco, announces a firm intention to make an offer … for the entire issued and to be issued share capital of Shanta (save for those shares in Shanta already owned by such third party or by any person acting in concert with it), and the consideration payable for each share in the capital of Shanta under such Firm Third Party Offer is at least 10 per cent. greater than the amount or value of consideration offered under the Acquisition) (a "Superior Proposal").
Anyone with time to kill want to do a quick count on how many shares approx are voting 'no' just on this board from the posts? My 466k are voting no; seen some 'nos' in the millions below.
I prefer to get registered now. Delays and other stumbling blocks always occur. So dont delay.
In terms of how to vote it's worth noting that shareholders have the right to attend an meeting and vote. And boy would I love to do that. The problem is that SHG is Guernsey registered and in the interests of cowardice and cover up will no doubt hold it in that rather inaccessible island.
So unless you fancy a trip you must contact your broker and make crystal clear your voting intentions even to the point of getting them to confirm back to you what your instructions to them were.
The timetable for the two sets of votes and the voting forms won't be published until some time January. So not sure there is anything to be gained from contacting brokers about it right now?
It's 100% the way to register with IG and had to contact Iweb too.
So if you have not registered call your broker and find out their process. Certainly cant do any harm. If it's automatic then still confirm. Follow your broker process, don't rely on anyone else or any other method. FAILING to make your vote count is BAD on you.
Agree be difficult to get that offer over the line unless a cash plus share offer comes imho
The volume just shot up by 8M shares. If someone is going to make a higher offer they will start buying stock.