Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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.....almost guaranteed profit here short-term....even if they say no guarantee a tender offer will be made, too much effort already put in.....imho
Arh right, thanks Pedrobull
The ISA shares do not need to be sold.
I have non-ISA shares RDL and others which HL just xferred out in Share account
Thanks TA so I make that 63.12%
leaves 36.87% free float?
Dan55 if the ISA shares need to be sold how do you get £1.50 per share as its at 80p at the moment Cheers
Pedro
Insider ownership is set out in interim accounts
90p to buy
How many % of shares are held by insiders?
The isa holding shares will have to take the cash offer or pull out of the Isa and take the private option.
Aidan I’d add as they’re a SPV making the tender
I would expect their intentions are to bring this back to
market after further growth possibly NASDAQ would be feasible Plan
for such a business as this
So depends whether LTH or make a quick buck
I think the majority holders wanting to retain their holdings are subscribing to the
longer term profit view
IMHO PJ
Aidan if majority holders are keen to retain says it all about their worth off market
often they are worth many times more when held privately
Nice we have a choice
1. Accept 100% uplift from current SP instant bag
2.Don’t accept, retain stock, see new company SPV grow it to eg multi billion co
and stock worth many many times more
I’m happy as Larry
The SP will now be priced at £1.50 but off market they’ll want/need more shares
for majority holdings decisions so I’m guessing value wise eg £10.00 each is achievable
they have deep pockets remember
IMHO PJ
ProfitJock - I like your optimism and prefer your method of reading the RNS to mine - for me, I'm worried that I might get locked into an investment I cannot trade - as you say, it would be in a company that looks like it could be very big, but that worry I think will hang over the heads of many investors. I hope you are right and I am wrong! As I said in my second post, once this goes through those who have the vision won't be able to buy - so your chance is now time limited if you are of that mind.
So they want to pay us £1.50 cash for each share we hold
and we are trading at half price currently
Excellent
We will see a big jump on open and/or we can retain our stock
in TNT to become SPV which once they’ve got their 29.9% becomes even more valuable
as they are only making a tender offer to grow the company ££££ much further via SPV
Win win for current holders and entrants to the market
with little availability of any free float getting that amount of the company
will be hard so this is going to be an interesting week for holders in fact an
instant 100%
IMHO PJ
That said IF you believe in the future of the company, your chance to buy in is now time limited - as long as you are prepared to hold shares you cannot trade it could be a VERY good deal for you.
But with the potential prospect of NOT being able to sell them all at £1.50 if oversubscribed. Not sure this will help the share price any!
So looks like the £1.50 offer remains albeit slightly different mechanism with existing shareholders able to choos whether they sell their shares or keep them in a delisted company structure m
No RNS by 18:30 last night re extension of PUSU regs. I think this is a good sign. The trading update RNS was as up to date as it possibly could be. Gut feeling is we’re getting a definitive RNS tomorrow re the takeover. Might be worth a little flutter if not released at 07:00. I don’t think the people mounting the taking private bid are walking away. Good luck everyone.
The problem is the difference between what the market values it at today vs its potential value in the long term. The combination of geopolitics and RS missing deadlines and simple stupid mistakes like the CLN has put us where we are today. There have clearly been funding issues since the failure to raise $20,000,000 last and this year. The more recent fintech problems in the UK haven’t helped.
It could be argued that 1:1 share in new company OR £1.50 a share, when sp is between 65-80p is good value. Personally I agree, I think it’s worth more. But that’s a long term view, not how the company finds itself today.
None of this is ideal.
Just written a whole post which disappeared
Basically theT/O offeree needs to up their offer
Shareholders won’t agree to 1.50 even though 100% uplift from
current SP
We are back on track, next ME funding round due soon
With IP/Patents and all we have achieved in world of accessible alt finance
we should at least have highest price paid in last 12 months which is nearly 5
We are worth I would say 12.00
They have deep pockets so somewhere in between?
Spread here by MM is ridiculous and unnecessary
IMHO PJ
Well we’re priced currently as if it’s going to be withdrawn! The only plus of that is there’s limited downside & maximum upside
I am hoping it will have been a topic of discussion at todays AGM and we could see something today.
Given the previous extension to takeover talks expires on 5th November we should get a further update on Monday.
So what will it be? Takeover offer submitted, another extension or offer withdrawn?
A few trades will see this back
into the 80-90 range this morning
And that’s still cheap
Results were good but I’d like to get rid of the offer we are worth
much much more
But from here it’s a guaranteed bag so can’t complain
Top up when able as very little spare this low
IMHO PJ
Bought another 5k
Rude not to and now it’s NT to buy same
All slight of hands here by the Market Makers
Back into late 80’s by close holding tight the ceiling price for T.O @£1.50
is too cheap imo I think we will hear like others are saying
a revised higher offer now must be made if they are serious
Company worth hell of a lot more than this and it should be minimum
highest price traded in last 12 months which was 4.34 if they want to get
shareholders to vote
They’ve got deep pockets but if they want it they’ll need to pay us true worth
IMHO PJ
Back to 75 pivot point to buy
Interesting
IMHO PJ
No reason for the fall back other than MM wanting
to make a market
Mopped up some and back to 90’s at least we go
I think the price for the takeover will need to increase
but we are still less than 1/2 price so all good
Always hard to get hold of much
IMHO PJ