Member Info for funds4future

It says in the RNS that the transaction date was 12th May.
No need to make any assumptions when it's written there in black and white.

The company has been in an FSP for about 12 months. Their primary objecive is to sell the company or at least part of it. They have to be cautious that it may not happen but everyone involved wants it to happen so the chances of it not heppening have to be very slim.

Did you read the RNS or just not understand it?

Having now read the RNS 3 or 4 times, here is my interpretation of what it actually means.

* confirmation that EUA have been in discussion with several interested parties
* EUA have narrowed down the list to those that are very interested
* Several bids have been received
* One of those proposals is from a very credible party to buy almost all of EUAs assets.
* EUA is no longer in an offer period
* EUA will now progress the details of the best offer on the table
* If this offer is to be taken up by EUA, the shareholders will receive a dividend payment equivalent to the value of the asset sale
* EUA are committed to continuing to develop and grow the company so if we don't see a full company sale there will be a strategy in place for further development of the Rosgeo JV as a PGM & battery metals producer

My personal interpretation of all of the above is that in the fairly likely event that a deal is concluded between EUA and the 'credible party' anyone currently holding shares in EUA will become significantly richer in the very foreseeable future.

I think a better prediction would be the price we're at Friday's close. I expect to see 40p tested.

I moved my holding over to an ISA a couple of months ago. Luckily I had the funds to buy new shares in the ISA then sell the old shares. I wouldn't want to risk selling before Re-buying at the moment. Imagine getting the timing all wrong and missing out on the dividend.
I used HL for my ISA.

Anything north of my buy in price of 29.7p will give me a free ride going forward.
If it's a full or substantial sale then it has to be a lot higher than that value. Definitely 100p+.

I would have thought a suspension would have been included in tonight's RNS so I think it's unlikely.
A significant rise in the SP is far more likely tomorrow.

Surely there has to be a significant rise in SP over the next couple of days to reflect the significant dividend that could be on the way. I'd like to see 40p+ get tested. EUA is going to be very much in demand on opening tomorrow.

Whatever the value of the dividend is it's not a 'cost' to Eurasia. The company are selling assets owned by the company and as shareholders we have a partial ownership of those assets. So they're essentially selling something we own and we're being paid accordingly.
Eurasia owns some very valuable assets so don't expect them to be sold off cheaply.

"the potential acquisition of substantially all of Company's assets"
I've seen those few words quoted from the RNS several times and I can understand why. They are potentially the most exciting few words but is it poor English or legal speak? Is it a substantial amount of the companies assets or all of the companies assets? I'd assume if it's the latter, we have a total buy out rather than a dividend.
This definitely isn't the end of the story, we still have a lot of clarification to come but it looks like we're nearing the final chapter.

At this point we have no idea what assets are being sold but anything over £1 as a dividend with further gains to come in the future would be fantastic.

Personally I think anything above the current SP as a dividend would have to be classed as significant.

"we are delighted to have received a proposal from a credible party that could allow us to pay a significant dividend to all shareholders"

Who's volunteering to run the sweepstake on how much the dividend value will be?

Rambler is a completely different company now than it was in 2013 both in terms of structure and the shares available. There has been huge dilution of the shares since 2013 so it's not comparing apples with apples.
I don't know the answer to this but how many shares were available in 2013? It certainly wasn't the same 10,745m shares that are available today.

Helpme, do you really need to ask why going all in on one share is risky? All investments have an element of risk and copper mining is definitely no different. Of course we hope for the best but if the very worst happens you could lose everything. The same applies to any company, not just Rambler.

I wouldn't use the term 'nothing meaningful', I'd go with 'nothing unexpected'.

It's sounds like exactly the same strategy they've had all along. They're not going to give updates when it's inappropriate.

I stand corrected.
So what's the point of have 2 AGMs so close together for 2019 & 2020? Why not just have one meeting? Seems like a waste of time having 2.

2019 AGM this week? SYME didn't exist in 2019.
I think you're confused.

2 more days like today and I'll be showing a profit again. Not that it matters, I'm not selling but the portfolio ways looks better with a paper profit. EUA & SYME are the only ones letting me down at the moment.