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The share price is being shorted to shake out institutional investors.

Current offer is 825.

Could be lower if they don't play ball.

Also, if the price was to rise too high shareholders might reject it.

Thanks, JMO.

Are they trying to lower the share price to shake out the remaining institutional investors?

Current offer is 825.

Could be lower if they don't play ball.

'In accordance with Rule 2.6(a) of the Code, Volcan must, by no later than 5.00 p.m. (London time) on 30 July 2018, either announce a firm intention to make an offer, subject to conditions or pre-conditions if relevant, for Vedanta in accordance with Rule 2.7 of the Code, or announce that it does not intend to make an offer for Vedanta, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline will only be extended with the consent of the UK Panel on Takeovers and Mergers (the "Panel") in accordance with Rule 2.6(c) of the Code.'

2 hours left...

This was just released...

https://www.businesswire.com/news/home/20180730005416/en/BARCLAYS-PLC-UK-Regulatory-Announcement-Form-8.3

Why would Barclays take a big short position on Friday?

https://www.businesswire.com/news/home/20180730005416/en/BARCLAYS-PLC-UK-Regulatory-Announcement-Form-8.3

Why is copper rising?

Is there any news that the trade war might be resolved amicably?

I'm staying in cash.

Interesting comment I saw over on ADVFN.

Traders are watching negotiations between workers and BHP at the Escondida copper mine in Chile, the world’s largest, which are reported to be “far from reaching agreement” with less than three weeks to go before the negotiation deadline.

A breakdown here could see prices surge.

Vedanta is being taken private for 825 a share.

This is gangster economics.

The LSE should NOT allow it at this price.

Merchants of Grain: The Power and Profits of the Five Giant Companies at the Center of the World's Food Supply

This book is eye-opening.

"Merchants of Grain is a detailed and alluring account of five very secretive but very large companies that are in the center of the world's food supply: Cargill, Continental, Louis Dreyfus, Bunge, and Andre. All of these companies are as dominating today as they were 25-50-75-100 years ago.

Up until 10 years ago, all five were private (Bunge is now public)."

Be well DT and stay positive. They caught mine very late and I am still here - hiking and swimming. If you haven't already, contact Macmillan - they are excellent for all sorts of advice. Keep active and do things you enjoy.

White House to impose 25% tariff on $50bn worth of Chinese goods https://www.theguardian.com/world/2018/may/29/white-house-tariffs-chinese-goods Interesting week ahead.

I'm glad I sold. Has a company been delisted from the UK market in similar circumstances?

Vedanta - will it be delisted? How far could it fall in these circumstances?

"...its not right to call it a banana with a different label." This bb is not beige :-)

Any thoughts on the direction of the share price after the deaths of eleven unarmed people?

Eleven unarmed people have been killed - it is understandable that people are shocked - especially given the surrounding circumstances. Do you want to invest in a company tainted by this?

Hi Anapa, How far do you think it will fall? Would it be worth buying back in?

Thanks, JMO :) I just sold as a precaution. If the share price shows signs of stabilising, I'll buy back in.

I just sold as a precaution. If the share price shows signs of stabilising, I'll buy back in.

Thank you for the advice, JMO. I'm 80% in Ved and 20% in cash. The people who were shot dead were unarmed local people protesting.

I sold GLEN yesterday and purchased Ved before close of trade. Should I sell now or wait for the company share price to recover? Vedanta does not look like a stable or professional organisation.