The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Ha ha ha ha ha ha ha
It's the most cynical kick in the balls possible.
Same day as the drill license announcement, just as the share price regained respect.
Absolute sham.
You don't have diamond hands?
I believe some people just want to be difficult in life.
The accumulation of shares as discussed in this forum, and the selling of those shares as the price spiked.
If course it smells.
Leaked info. A dubiously worded rns.
A ridiculously low offer being considered.
Then silence.
Why?
For me, someone wanted a higher exit price for accumulated shares.
What?
Epic trolling. Well done.
That's not the permit is it?
That Russia or China are the countries who will benefit from this unsettles me. Human rights disasters.
And.... Its dropping again.
Nobody has a clue. So eleventy.
Will we? You have insider info then?
And yet we have a pathetic offer and a diving share price.
Only amc could be like this in a time where any semi competent company would have buyers queued up round the block.
Surely if amc sells a subsidiary they will be liable for tax within the UK.
Why are people claiming they wouldn't?
My guess is someone made a desirory offer after accumulating.
The board wanted more and probably said, quite rightly, that the shareholder will never vote this sale through at a low price.
Russian used to getting his way bailed and is selling.
That has to be the most desperate hoping ramp I have ever seen.
Its dead.
Or just people who bought in wising up and getting out of this joke?
I wouldn't be happy with that price.
Desperate.
Let's face it. It's a deal that won't be voted through, and the market doesn't trust it enough to buy in.
Dead duck.