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That's how I read it. Asked someone in M&A and they said same

To determine what the profits were based on tax paid;)

The board need to great attraction to other big investors to challenge the existing, and dividends helps diversity by attracting them. So it's more or less a certainty

At a 15% rate this gives a huge profit.

top share picks comments are correct.
Rule 9 of the Takeover code is there to protect us shareholders when a minority shareholder works with others to effectively gain control of the shares. This means they have to present an offer for the remainder of the shares which is put to the other shareholders to vote. Thus whatever happens, we just reject and they cant do anything haha. Topping up for sure as i did at 25p today!

Expect they will raise some capital via a share issue to just keep them going. Was talking to a friend who works for a big 6 legal firm, most have seen a 60% in revenues and have been releasing people from training contracts just to save money

Agree, didn't receive any voting papers also

Which will drive the share price higher and attract more investors thus resisting takeover

Prevented TEMI transaction thus preventing dilution to shareholders. I think they are good

Let's face it pavel moves like a tortoise. With the news of merger he was quick to pour water on it and say there's no talks. It would take years to convince him by that time id have a walking stick. Speed is important and pavels marathon days have passed

What rescue ? It's gold price which rescued this. Pavel was never a shareholder person, very risk averse And slow to react. Look how painful the gold hedges were, his bond refinancing etc. Personally happy with this chance. Ugc got us into moex in a couple of weeks, imagine what they can do

I guess pavels response denying the merger is what provoked this. He's too old school and can't see the grand picture. A merger will make this company huge!

And a merger with UGC

From sounds of it

Gold change to the board. Let's face it we've needed fresh blood for a while.

Do we need to send a search party out. I need his insight

Must be licking his over used wedges

Pcs, well said

Remember when someone said the below a few weeks back haha

I see a triple wedge with bottom of mayo forming on gold to go down to 1300, naturally means the fairies will be reducing their magic sprinkles causing petro to go to 17p. All confirmed on Nickelodeon