Member Info for AlfaMale

As from RNS dated 18 Oct:

"In accordance with Rule 2.6(a) of the Code, Panmure Gordon is required, by no later than 5.00 pm (London time) on 15 November 2022, to either

(i) announce a firm intention to make an offer for the Company in accordance with Rule 2.7 of the Code; or

(ii) announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies.

This deadline can only be extended with the consent of the Panel on Takeovers and Mergers (the "Takeover Panel") in accordance with Rule 2.6(c) of the Code.

Further announcements will be made in due course as appropriate."

"Given the highest the SP traded at over the last 52 weeks was 37p. I would imagine that would have to be the minimum bid that gets made here."

Can't agree with that. Previous share price is irrelevant and doesn't represent the value of the business today.

I'm guessing the offer, should it come, is going to be not too far away from today's SP.

I don't mean those directly on the inside, but word tends to spread in the City with these things... if you know what I mean, nudge nudge, wink wink! This company does operate in the financial sphere and Mr Ricci is a very well known character, so you'd think there would be a lot of eyes on what he is up to. I guess the SP did rise by about 50% when the news initially broke.

Surely the SP would be trading much higher if those on the inside had wind of an offer of that size coming down the pipeline?

30-35p would be an almost doubling of market cap from where this was trading recently.

Thanks.

Anyone got any idea of a realistic takeover offer price per share?
Thanks.

If so, this may not be the end of this story for HOC.

Getting pounded again...

Was just having the same thought, Sotolo.

What is "KR"?

Must be a big exodus from SLV into PSLV of late - probably a lot of those whom originally piled into SLV now realising it's a crock of shiite, especially after the SLV prospectus was quietly edited!

Large buys going through the day just before results get announced?

Nothing wrong with that at all...

https://www.youtube.com/watch?v=wtxr_yXDXTo&feature=emb_logo

:)

"only v roughly about 40% of profit now"

"Now"being the operative word, given current silver prices.

Interesting podcast - good overview of the silver action and possibilities:
https://www.youtube.com/watch?v=YJsyb-0KupM

Strange. have you asked them why?

Everything precious metal related being suppressed because they know it is going to explode shortly?!

Indeed Pedro. Perhaps someone is holding the price down whilst they accumulate.

Great article Bonker, thanks for posting.

The squeeze is really on!

https://www.youtube.com/watch?v=qeY1n67LUOg

Normally when the man on the street starts talking about a stock, it's time to get out!

However, this could run on for a while yet.

Establishment starting to get worried?!
https://news.sky.com/story/silver-shines-as-reddit-traders-pile-in-but-lse-boss-warns-of-over-damage-to-markets-12205226