https://www.investegate.co.uk/ecr-minerals-plc--ecr-/bus/sale-of-exploration-licences-for-cash/20200420101200Z7710/ Nice rns but not the big one! This is good: It is worth noting that other external parties are currently reviewing data on our Bailieston and Creswick gold projects with a view to potential commercial transactions, including joint venture opportunities, although there can be no guarantee that any transaction will occur. In addition, whilst ECR remains open to transactions on these licence areas, the ECR board believe both to hold considerable potential and inherent value for the Company.”
Well, not worthless, but worth £230m. Will return on 23rd March. SP of the new company is similar to suspension price. So no RTO premium. https://www.investegate.co.uk/abal-group-plc/rns/proposed-acquisition--admission---notice-of-gm/202003050700030432F/ in the first half of 2019, an additional prospective €300 million was originated. As at the date of the publication of the Prospectus and Circular to Abal shareholders, dated 4 March 2020 , €972 million of prospective contracts have been originated. The Directors and the Proposed Directors believe this makes Supply@ME one of the fastest growing inventory FinTech providers internationally.
jonny - Anything can happen of course, but they have suggested the share price for the rto as being close to the previously traded price. And if they have a main listing then there needs to be a 25% free float so that should preclude billions of shares going to the current owners. I can't see it taking long now - either way!