Fin alternatives the web page www.finalternatives.com/node/30 this is the page
Fin alternatives this is a hedge fund says firm bid within 48 hours this was posted yesterday. So possible red dot tomorrow.
ARMS has huge coal reserves and the timing of the offer is good share price is rock bottom with no chance of revival due to the coal price glut. I think investors would be foolish not to take up the offer. A share price of 41p may take years to achieve. Take the offer and run.
They will make a firm offer before the agm next week.
I have still got bumi shAres from the £7 days Do not take up the offer we have been burned by nat so many times old bumi holders also got a dividend recently which was £7k I have bought 25k shares today in the hope this reaches .41p to recoup some of my massive losses.
But is the offer still valid
Very sad for the employees but a step in the right direction ore production will start at some point need to reorganise workers to new roles
Already with the complete copy of the last rns again states the £1.03 payment per share held and my entire allocation so it seems if you were to buy now you would not recieve this special dividend how ever i will have to hold these now as no date has been announced. How can they be so sure that the backries will go ahead with the deal or else rhe bods would look stupid giving voting papers and then no deal. Oh well time will tell
For which shareholders have the right to this £1.03 should i buy some now or not
They are streamlining costs and production is up just no mention of you know what ?
Ive held these for over a year and can only see positive news from here its time to wait for that red dot should be this week with the volumes seen today
Last rns on 30 sept stated news in a few weeks of the re finance deal 15oct today this could be this week but also a possible double whammy with possible farm out deal should only go up from here
Hopefully news on refinance deal nextweek 5-6p here we come
They said next few weeks there should be a refinance deal this will rise in to next week with anticipation of deal this will be good who knows could be tomorrow
There are 2 buys today yet shows none please read the rns it does say news within weeks of a refinance deal hold your shares this could hit any time
A decent rise good volumes returning and positive news coming one way or the other lots of value here this was 8p a year ago depending on news it could reach this by year end
Even though production is at 2500bopd a farmout or refinance rns will lift this in to orbit lets hope its soon
There must be some positive news may be worth a punt today
Next week please deliver some positive news
Insiders may have news hence buying before possible rns