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Takeover of MgM US side chatter

Treating this stock as a major defence stock to be influenced by any hints of peace in Ukraine, Airbus engines with software problems have given those who like to engineer big swings in this stocks opportunities

Maybe this is the reason?

https://www.miningweekly.com/article/glencore-says-australia-copper-smelter-unviable-asks-for-government-help-2025-06-20

Great to see you have posted again.

Https://uk.investing.com/news/stock-market-news/s4-capital-plc-rating-downgraded-by-sp-global-ratings-due-to-weaker-recovery-93CH-4041109

Https://uk.investing.com/news/stock-market-news/fitch-revises-thg-plcs-outlook-to-stable-affirms-b-rating-93CH-3998857

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Cancelled shares generally cannot be immediately removed from the share register for a year because of legal requirements related to solvency checks and shareholder approval, which are necessary to ensure the company remains financially stable after cancelling shares, and to provide sufficient time for any potential legal challenges to the cancellation process; this typically involves filing necessary paperwork with the relevant regulatory body like Companies House, demonstrating the company's solvency, and potentially obtaining shareholder approval through a special resolution depending on the company's articles of association.

Silver has spiked up 2 1/2 percent and gold up. Fres has been in auction mid am I think.

Fair comment BoB

In 20/21 Astari launched a similar shortattack on a beleaguered Hurricane energy. A ‘suppliant’ Board agreed a debt for equity swap which would have left shareholders with virtually nothing .Major shareholders stepped in and a court order rescued the company from Astari and the Board. Hurricane was recently sold to Prax at a 12p price ( fair value) having been brought to a fraction of a pence. Parallels are uncomfortable. We need our big shareholders to get involved.

https://www.insider.co.uk/news/activist-investor-attempts-remove-hurricane-24138697

Janbo,

Curse of autocorrect

https://www.boerse-frankfurt.de/bond/usg7052taf87-petrofac-ltd-9-75-21-26

Jambi,

https://www.boerse-frankfurt.de/bond/usg7052taf87-petrofac-ltd-9-75-21-26

The sad state of the PFC share price has brought you and Snapper out simultaneously. I wonder why. As a former shareholder, as you say, you can call it as you see it. However your gloating at the theatre of it all is poor form. Filtered

Https://www.skadden.com/insights/publications/2023/09/the-informed-board/how-to-guard-against-a-short-attack

Perhaps PFC need to read this.

Shorters colluding and doubling down again it seems. We need some good news to break away.

Bring back Sid is the message to Jeremy Hunt apparently as private investors have left the market in droves. Sid wouldn’t have fared too well in Petrofac this week.

Those seemingly cancelled or minused trades are often but not exclusively preorders to buy or sell ‘at best’

Fair enough RB but a little bit am dram

Realitbites/RealityBytes, I have to say I am confused by the change of gear in your posting since adopting your newer posting name. It seems to be tied in with a new found appreciation of Snapper’s post. When the facts change it is everyone’s prerogative to change an opinion, of course, but Snapper’s bile doesn’t seem that reasonable.

JG68, not JG69, Clickit! Wouldn’t want to confuse JG with the sociopathic Dogger69!