focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
We don't know the value of the target it will be calculated by accountants on a net asset or multipler on basis. We do not know how the deal will be structured. Placing price is different to share market price and therefore market cap. eg if they place 500 million shares at 5p the market price will be the price the shares are at when the market reopnes (they closed at just over 1p). Market Cap is the market share price x the number of shares in issue. However, very often the market price follows the placing price so if placing was at 5p the market price could rise from 1p to 5p and beyond. Personally I expect to see a string re-rate and for us to be sitting at amny multiples of our current market cap which is £0.6million.
Please explain how fastnet multiplied by 2.5. I think they did a 10:1 share consolidation. I guess we won't really know until we see the deal structure. I'm personally hoping for re-rating within the first month of x5.
600k shares here been waiting for this day for over a year. Does anyone know how the deal will work? eg if Brady issue 1million shares to EER at 5p does that mean we will open at 5p or are likley to re-rate to 5p? Thanks in advance.
of Brady today. All very positive. Negotiations in an advanced stage. Have been ongoing for 6 months. Deal will be favourable to Brady SHolders. Well done Mr Borelli and Mr Lee.
any idea how long we will be suspended for? Thanks
has net contingent resources of 40 million barrels of oil equivalent!! Any thoughts anyone?
I have been waiting for this day for a long time. Looks like a very exciting propsepct and I fully expect the SP to rocket upon completion of the required procedure.
How do you know that? Not showing on the stratex sells? We only had about 300k to invest so I think you're telling porky pies?!!!
Do not bail on the cusp of news. Give it a few more weeks and your patient will be rewarded. Watch out for quarter end. Give the company a call if you wish I have spoken to them on 2 occasions and am contemplating a furtehr top but am struggling for funds.
coming soon estimated wiithin 6 weeks. Foreign company wanting UK listing. Suspect its business will be mining natural resources. Should see this multibag. Very few shares in issue. My target sellprice is 10p.
RTO deal with overseas Co wanting UK listing is very close. Watch this space over next 6 weeks. Keep the faith and if you have more funds (unfortunately I don't) top up.
at GMA. Up 800% following RTO announcment. I've been speaking to our Board and very encouraged by what I hear. Hopefully we will be next. DBH
RTO will be with a foreign co wanting listing in UK THEREFORE NOT OTHER CHARLES.
Foget about 1.5p I'm looking at 5 - 10p in next few months.
For those who don't know a RTO is when we do a ************** with a larger private company who wish to be listed on AIM. The larger company wish to do this as getting listed is expensive, complicated and time consuming. We alos have at least 250k in the back meaning that the larger company does not have to do initially raise funds therefore it does not have to place/dilute current shareholding. We believe we are looking at an RTO with a foreign mining compan. If RTO takes place we are looking at a multibag situation. Trading will be suspended and we wil reopen at multiples of current value. I'm no expert but hold 500k shares here so any questions fire away.
IMO Peel are holding and will offload to company (target) that Brady do a RTO with. The target will want to acquire a controlling interest so they will purchase Peel's shares along with others not in free float (ie PRS 27.43% Paul Jackson 11.78% Ken Dulieu 9.85% Ian Jefferson 4.26% giving them control ie monre than 50%. I will top holding and sit back and wait for news.
coming in next few months. My target sell price is 10p.
I spoke with the company and was very encouraged I am topping up when more funds become available.
500k of these bad boys and will be topping up when I have more cash available. News coming this year.