focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
......... also, I see SB and co. are not getting their shares sold ..........'' Atrum has also terminated the proposed acquisition of shares and warrants totalling 26.68% of ACG held by Steve Best and his associates. '' http://atrumcoal.com/wp/wp-content/uploads/2016/10/01794596.pdf
They haven't wheeled out the fat lady just yet! Interesting to see what happens next ..........'' the trading halt is requested pending an announcement by ATU to the market in relation to a possible alternative transaction involving ACG '' ....... Maybe they, along with Live Microsystems, will make an investment ???? http://atrumcoal.com/wp/wp-content/uploads/2016/10/01794502.pdf
Yes, very disappointing. Will just have to see what communication is issued by ACG regarding this. I do hope they give some indication of what the way forward will now be. Also, I wonder does SB and co. still get their shares bought, or is all off?
Well, I suppose we only have to wait until Friday 5pm, at latest. Now, what will Live Microsystems do; I can't find any info + it's a very long time since they updated their website.
unvrkw, sorry I'm only able to do a very quick reply. Yes, we are expecting a much higher price ........ ACG had mentioned a possible price of 0.4p for SBs shares. Check out earlier posts here!!!
unvrkw, the 0.07p is the nominal share value, not the price being paid!
Royal have now dropped out. Looks like ACG were not too helpful or informative to them! ...... Oh, I wonder why. http://finance.yahoo.com/news/royal-energy-resources-statement-intention-205103765.html
All resolutions were passed yesterday, at Atrum's EGM. Should now allow SB to move forward with his share sale.
Price at delisting was 0.10p
Royal Energy only updating their website (under Press Releases) yesterday regarding their interest in ACG. Took them long enough : www.royalenergy.us
ACG post on Twitter yesterday: .......... '' Atrum proposed SB shares acquisition works out at approx 0.4p BUT presently still too many "ifs" to say exactly what will happen ''
Another post on Twitter by ACG ........... ''If T/O proceeds would get at least same as SB in cash and/or shares. SB deal is cash and shares.''
I see a reply from ACG on Twitter today .............''If takeover proceeds deal would need to be done with all shareholders. If Atrum, price not less than SB proposed deal - share swap or cash.''
Goldenegg, you still own them and you should check with your broker! I use Interactive Investors (iii) and mine are just sitting dormant in my account. They had informed me previously that they would just continue to hold them.
More company news from website : www.atlanticcarbongroup.com/News/News/2016/ACG%20Takeover%20Panel%20Package%2022.9.16.pdf
Are things starting to heat up? http://www.atlanticcarbongroup.com/News/News/2016/ACG%20-%20Rule%202.4%20Possible%20Offer%20Announcement%20re%20Royal%20Energy%20FINAL.pdf
Good find TryThinking .....thanks for posting!
Presentation from Atrum Coal: http://atrumcoal.com/wp/wp-content/uploads/2016/08/01767041.compressed.pdf
Dawto, you could also contact Barney Corrigan at bc@atlanticcoal.com . He's answering emails. Hopefully you'll be able to get a reply!
As we will be delisted from AIM on 21 January, with I'm sure all chat boards taken down shortly afterwards, and as it's most likely that the BOD will provide 'very little' information (if any) via their website or whatever other means (?) regarding what's going on in future; has anyone any suggestions on how best to obtain information regarding what's actually happening in the company from now on? I mean actual news and developments in the company. I know someone already, very kindly, posted a link for another website 'discuss the market . com' (which I must register for at a later time), which will be useful for discussion, but I want to try to keep informed on developments with "them"; if at all possible now.