Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
SQZ has an annoying habit of going up 10p to 12p one day and then going down the same or more the next session for no real reason
Why go up on Friday if only to come down again on Monday? Just stay where you are and save us all the excitement
Thought we might be blue again today but the usual pattern returns
Good or bad the reality is that Kist and SQZ are in the market for the same assets now. Who do you have more confidence in being able to do a deal? Kist or our lot?
The one advantage we have is more cash but if we haven't done a deal by now over the past years, how are we going to do one in the current environment.
i don't know what my conclusion is here but the fact the offer has been rejected and no new one made leaves open what the future of SQZ is. And i dont know what the answer is to that.
The company can still raise any money. This share is an abject lesson of how not to do things. Over 5billion of shares and still not achieved anything and all the while the directors get paid. Was suckered in early and seeing the share price a fraction of what it was, it amazes me any one has any genuine faith here.
It has just occurred to me that the offer makes SQZ's shareprice irrelevant as the deal is based on returning cash to shareholders and Kist's share price. Which is bizarre and shows the ridiculousness of the offer to me,
You do realise he is offering less cash than before and relying on the ride in Kistos share price? So if Kistos go down we are bought in the cheap
The offer is a scandal. If AA values the company at 4:25 or 5:25 give us the money don’t offer paper of variable value
Total disgrace