Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Pretty standard stuff. Just have to sit tight. Historically I have been involved in several M&A talks/process. Not uncommon they are somewhat extended and/or go to the wire. The positive is no party has walked away thus far ^^
They have got to be sold to be bought chap
They are saying 3m sold, 800k bought. Figures are all wrong! More like the other way round. Anyone see better on L2 ???
Over 3 million traded. Reckon we're going to hear a deal soon !
Leaky vessel 💥
Time for crystal balls :-) At least talks are ongoing which is better than them walking away. Hopefully a number will be struck that floats all parties boats.
So extended until fri 23 aug now ! Does that mean discussions are leading somewhere or is there a stale mate ???
My view is there won’t be an agreement on a number as before. The board perception of value going forwards may not be in sync with potential purchasers. But it’s conjecture at best and we will just have to wait. It really is down to how much someone wants to pay for a given business and from my experience there is often quite a big gap but I suspect this is where we are with extended talks.
Anybody’s guess but don’t forget it’s August so small trades can have a seemingly big effect on quiet markets. £250k can influence even big caps in this market as trade sizes averages are all down until September 👀
Or is somebody in the know - no deal leak? An 8% fall in SP this morning is not really "normal"
At those levels it’s likely to be a fairly well funded PI.
Normal market shenanigans. PIs and IIs buy/sell all the time. PH are a nominee broker service like HL or II.
Could shed some light 💡 to the transactions this am.???
These things normall go to the wire. My guess is the board want a high number which may or may not price them out of a deal. We won’t know until the facts transpire. US interest is what we need as usually quite a bit of the acquisition can be written off against tax.
I am guessing there will be no deal :(
Back to 16p :(
Buy from peel hunt a little confidence coming back
Could have resold them all for a nice profit but sold only a tenth
Let's hope that's a good informed move ????
their will be an extension?? Peel Hunt have been buying 20000 daily for the last couple of days!!
I reckon they have been tipped off otherwise they would be selling not buying
Unfortunatelly i think there will be no offer on table at this time and share will retrace to 16-17p :( Anyway, this is a good long term investment, if you willing to wait 12 months from now share will double, all brokers are saying is worth at least 30-35p/share!!! Many traders will bail out on no deal, a short term pain but a good buy for future! Remember: you will never get rich trading in AIM!!
But I think it'll be worth it. How long do you all think. Aug???
Sit tight people!!!
MMs paying over 22 for them something occuring for sure ?!!
Simple bored people selling out whilst the deal gets thrashed out! It’ll rerate to the take out amount if one is secured
I thought that when there was a takeover or intended takeover, the share price went up.
Why has SPH share price stalled and even reversed?
Nothing new. They said that in the earlier RNS. Reckon 22p is fair right now. Offer price must be 35p+ when it comes.
“There can be no certainty that an offer will be made, nor as to the terms on which any offer might be made though HMC and CGE confirm that any offer is likely to be solely in cash.”