The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
Paddy’s point is a very valid one ,but did all these new appointments realise newmont we’re going to put in a takeover bid ,I’m pretty sure not ,their positions are at risk now ,unless there’s another agenda and this was anticipated? ,perhaps GGP will be able to bid for all of hav ?
I agree with bamps ,this could go either way ,but isn’t there some clause on hav being sold, GGP have first refusal, I’m not sure on a takeover on GGP position, I hope it was in the contract when the 70% buyout was done .
It’s very interesting to read threads on this ,are we looking at aGGP ,WYLOO takeover of tefler and hav ,is it GGP ,keeping the SP down ?,just a thought, obviously nothing happening until the FPS from newcrest in august ? IMO .
Pushing back any announcements or news till August , does give a window for directors buys IMO, I wouldn’t be surprised if imminent due to last couple of days me to you ,last time this happened, wyloo came on board , only a possibility IMO.
The problem was many spent everything they had on the rise and kept nothing in reserve, I’ve got plenty to put into this ,but you have to be sensible, this is a penny share and so a gamble, I could still reduce my average if I want but I’m sure it will come good, but forget the £1 in 18 months, more like 30 p ,unless people go mad at this on production ,which is a possibility, they keep saying their making better progress than expected, so maybe announcement’s could come earlier.IMO .