Member Info for Cnutgoestheeasal

Too the land of the lightly taxed and light fingered!

Alea iacta est!

Even so I find it interesting that such a thing can appear - as a link from Google Finance used by zillions.

It may be AI fluff but it's still potential market moving fluff if anybody were to take it seriously.

I've no idea where the AI (or human) got this info from since I can't match it up to any previous RNS.

One really cannot believe a thing nowdays!

Can't see an RNS on any share purchase and anyway wouldn't be allowed since surely we are in a closed period?

https://finance.yahoo.com/news/several-insiders-invested-condor-gold-091613448.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAACh8s_y4K6EH3BgC3lJTZ1g7OJeUe94BvMfSjzz6924FXrshICns8KSuZew_uLY15JgUCTOVuhnkSLImwElA_qi8bFmI3uvRot1QlC823daYNdMo1kQtXV_O2cYSJ_AUb4x3sotX_i9gnIZ0Qx_gwm4EJNLmzxWfT0v2cbY1IXH_

Fake news?

I wonder whether the share price will move tomorrow to reflect what Mark has just said...

So have you changed your vote or have you left it as a no and sold up?

I can see what you've given yourself that moniker. If you behave the way face-to-face the way you behave on the bb clearly mates are not what you are going to have!

Still to get back to your original point about the report being unsubstantiated. I stand by that comment. If the recommendations made we unequivocal do you not think the RNS would have been more forthcoming in providing more detail? I rather think so!

No. I rather suspect the report is nuanced and perhaps puts the pros and cons and then comes to an equivocal view. The Patels et al like all good shysters have chosen to put a positive spin on what is probably a less than whole hearted recommendation if any recommendation was made at all.

Given the amount of energy you've put in rebutting my point perhaps you're a Saturn plant?

Why not just publish what they've said and be dammed?

If you're not dammed already?

Fair point Houndog.

Glass have come back to me and confirm only that they have issued a report at this stage.

They are considering what else they are willing to release to PIs so that the moment the contention of the RNS that they two companies are recommending approval of the bid is unsubstantiated.

As the company have paid for the ISS/glass research recommending a yes to the bid could the 2 firms be a teeny weeny bit biased?

Investors Chronicle on the other hand gets its revenue from investors. Might be less biased?

Just a thought....

Given I'm chasing the two companies directly can someone else contact SHG directly and ask them to answer questions 1&2 that I've put to the two proxy companies.

It just that I smell a rather large rat with this RNS!

Everybody seems to agree that the RNS is a every unusual day one say improper thing. I've contacted the two companies and asked them two questions:

1. Can they confirm that they have indeed made these recommendations

2. Can the provide a brief synopsis of their reasoning.

I'll inform this board if I get anything back. They should at least have the curtesy to confirm 1.

They didn't mention the publications that recommended rejection e.g. investors chronicle. Anyway IGG & Glass are not experts on the particulars of takeovers. Their speciality is more on the executive remuneration side and all matters greenery.

It's clear they don't know Jack Sh*t about this takeover and lord knows why they have lent their names to it!

I held shares in a Russian gold company that (in hindsight) mercifully had a takeover offer which succeeded. Once the vote was counted and declared from memory I think it was a 2-3 month wait.

Libero was a costly distraction. It's good they've realised the need to concentrate in Azerbaijan but bad that they've probably wasted their double investment

@Nigel...

I think you are being too pessimistic about the intentions of the above hedge fund manager. For starters as I've found one can only buy on the official market in lots of £10k. Yes they could go off market and it's possible they have got recruited onto the concert party but assuming not then the counterparty will make them pay dearly for the larger transaction. Even say they bought a reasonable amount at 13.26 that's a meagre margin of 0.4 and even that is not guaranteed since the offer could realistically be voted down.

No they are in it for the M&A as it says on the tin and will agitate for a higher offer.

Would they risk their reputation and regulatory oversight by joining the concert party? Not sure - they would need to be offered a sizeable bung to do so (30-50%) and that would cost the Patels shed loads.

They've proved they are not big spenders so I'm favouring the obvious explanation...

Coincidentally tried tried to buy (as a test) - wouldn't let me buy more than £10000 with a definite quote of 13.26.

Looks like the sellers have dried up!

More like you're one of the concert party and are getting nervous at the extent to which the little people are getting organised.

So put out a withering comment to dissuade any who haven't yet voted.

I would strongly urge everybody to vote no and call the bluff of the opportunist bluffers.

Remember at the very worst the company generates enough cash less than every 2 years to equal its current market cap.

I agree - we've been here before. There are two explanations for the sudden price rise given there has been NO official release of any information about anything whatsoever.

Either we are all whipping each other into a speculative frenzy (as has happened before - just look at the price charts) or there is some insider trading going on (in which case private investors lose vis a vis privileged insiders).

Neither is particularly attractive...

The share price collapsed to 9p because the largest shareholder got caught with his pants down. Matter of fact I topped up at 9.5p to take advantage of this situation.

Nothing alters the fact that over the last 2 quarters EBITDA more than half of the company's value. Given we are rapidly becoming cash positive this means that one only has to wait 2 years to get your money back.

Clearly your patience doesn't stretch that far. I wonder what your "greener pastures" are - NVidia perhaps?

Good research Kaduval. It seems the strategy of front running stocks entering and leaving indices is played out, presumably it's got too crowded so they've placed all their remaining chips on M&A. They're down this year after a decent year last year.

Something tells me that they are expecting better returns than that on offer from the Patels!

Let's hope so!