Member Info for Brookkers

Sunshine - for a share that really is being killed by shorters look at PFC. That is not what is happening here IMO.

Banjo
The 20% of FSPs that fail are distressed companies that are being wound up and have no interest from buyers.
That is not the situation for EUA which has entered a FSP because there is interest from multiple buyers (as per RNS statements).

Bellers - or you could log out and then log back in again ..? :-)

A 9 inch fantasist ...

Gary - I am not a financial advisor but maybe you could move your EUA shares into an ISA in chunks to reduce the risk of being out when news hits ...
GL

Yes exactly SG - the BoD waited until the last possible day to call the AGM in case they didn't need one. Does suggest that the BoD are expecting the deal to be done any day ...

SmithGraham - yes but did you see the bit about the 15 months time limit for AGM resolutions ...?

SmithGraham - I got your question even if noone else did :-)
The standard requirement is for public companies to hold an AGM within 6 months of their year end although there seems to be a grey area for AGMs in 2020 regarding permissible delays due to Covid.
NB. the AGM needs to be held within the time limits of any resolutions passed at the previous AGM. It is apparently common for these time limits to be 15 months and the previous AGM was on 20th June 2019. If 15 months is correct (I couldn't find any info for EUA) then Friday 18th September 2020 would be the last possible business day before the resolutions from the previous AGM expire ... which would obviously make sense.

I think the consensus was that this was in fact a Sell which explains the weak SP throughout the day yesterday ...

Another fantasist ...

Could be a short being closed ...?

Hi Ferg.gg - I am expecting one RNS at the end of the FSP process to announce the recommended offer to shareholders. There could be a counter offer after that but I believe UBS should have already got the best and final offers from any prospective bidders.
Key point for me is that the absence of any RNS news on bids so far does not mean that there have been no bids put forward ...

Morning Ferg.gg
I think I read that all bids are confidential within the FSP until EUA decides to recommend an offer to the shareholders.
It would be chaos if all 'firm' bids had to be declared ..?

Ties in with the DCF forecast models provided in the famous ACF report for the benefit of prospective buyers ...

(discounted cash flow)

Daniel - believe it is an exploration license. There is a very good summary in the RNS of 4th Dec 2019.

UBS acting as an intermediary for one of their clients - UBS as the middleman have bought the shares from a broker and sold them to their client (or the other way round) - hence there is a buy and a sell for the same value ...

Alternatively, once the placing shares have all gone if the appetite for shares continues then the price will go up ... :-)

It is just someone's take on it - but it could explain why the price is stuck around the 22.5 mark and why there have been so man more Buys than Sells ...

If I understood correctly, Ethio was saying yesterday that the II that bought the $10m of new shares is now selling them in the market at anything above the placing price ...

It is just UBS acting as an intermediary for one of their clients - they are buying from a broker and selling to their customer (or the other way round) hence there is a buy and a sell for the same quantity ...