Member Info for bigsmoke

lots coming out the woodwork now.
Opening position dated today - so that is positive.

if there are multiple interested parties can the BOD not put a closing date for offers - not that they would be forced to consider any? that way we know the, er, backstop, for the formal process.

as i understand economics, the forces of facing loss are greater than gain, therefore our partners must be at least considering 'part' offers.

may be an instance where the whole is not greater than the sum of its parts. our German advisor must be trying to put a superior 'strategic' deal together which would outbid a lock stock offer.

statements (reporting) like "... the offer, which represents a 41.7% premium to Amerisur's share price of 12.0 pence on 17 July..." are really quite silly.

HARGREAVE HALE LIMITED (for Discretionary Clients) disclosure.

LuckCounts - ok, here it is: if AMER is over 30p by end of August then I'll buy you a yard of ale. If it is under, you buy me a bottle of whisky.

with you gary. no one is paying a premium for cash - esp. if they have deep enough pockets to fund purchase. may as well put it to work at the right time.

it is not me that is infatuated.

"I am still here - Bigsmoke will be suspended prior to me I assure you of this ;)"
- i really do not care and do not appreciate the threats.

you are surprised? it was discriminatory and inflamatory - just like M&P's offer.

i hope LSE admin finally suspends you.

i've reported you now, LuckCounts. you have no idea.

needs to play some defence here. if soo undervalued then perhaps market needs to stop stakebuilding.

surely they know the thickness of their wallet and have had discussions with lenders. if they have a second offer then surely it will not be long before they try again?

boom. boom.

like buses.

looks like it is trying to find a floor

ogm4 - i was just about the post the same phrase. however, i was going to comment on "form". i take it - as JTD alluded to - the BOD do not want cash+shares. they just want an all cash offer?

if i put myself in JW position - after all those years building the business, and having just recently stuck £1M quid of my own money into AMER at 17p-ish - i am going to want a pretty attractive return to approve the disposal.