Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Only here for 1p party wait and see****
This mother f..... keep placing shares rather bringing good news. I f...Ed company
This will definitely rise to double figures. I’m holding my 3 millions and not selling. Won’t to same mistakes as before
Solomon gold and greatland gold are examples of mining companies. I remember solg was 0.80p and greatland 0.04p back in 2013-2017 so look at them now.
Just wait for big companies get involved. I sold my solg gold 1.3 million shares around 3p and what a mistake after a few months they were trading at 48p. Buy tym hold and buy more if you have opportunities
Yeah right look where it’s right now. I don’t think you have brain so I’m not going to reply to you
???? you lied t..wat
Is he still alive?
The most useless director ever in this planet. He can’t even run a teapot let alone an aim company
I have sold my 107832 shares today with a los of £2700 f...k the management. They can only run a f...king teapot not a company
28-Sep-20 11:01:51 0.3314 1,175,588 Sell* 3,896
This is my buy not sell
Jpge you have one post and all I read is haha huhu and you don’t make sense so please don’t write anything
Yeah sorry 1th September 5pm
5p a share? Are you kidding :)) today 5pm for the final offer. And there are 4 bidders wait and see.
AA takeover talks trigger shareholder breakdown
Firm's largest shareholder has criticised the board for 'jeopardising their negotiating leverage with potential buyers'
The AA’s biggest shareholder has heavily criticised its board for “jeopardising negotiating leverage” in their response to “very opportunistic” private equity takeover approaches.
The former FTSE 250 company, chaired by City veteran John Leach, confirmed last week that it had opened talks with Centerbridge Partners, TowerBrook Capital and duo Platinum and Warburg Pincus over a potential swoop.
Drew Dickson, of Albert Bridge Capital, which owns a 12pc stake in the AA, said he was “surprised” at the AA’s response to the approaches. He claimed the company “jeopardised negotiating leverage” by stressing its “dire circumstances”.
AA shares leapt more than 40pc over the course of last week to nearly 33p on hopes of a deal. A 40p per share offer has been speculated upon, but Mr Dickson labelled such a price “very opportunistic” and argued “the stock is worth much more than where it trades to today”.
He added: “The five-paragraph soliloquy about their purportedly dire circumstances risked jeopardising their negotiating leverage with potential buyers. I did wonder if it was intended to compel existing shareholders to acquiesce. But we believe the AA is under no duress, is cash flow positive, and is wholly capable of refinancing its debt right now.”
Mr Dickson’s remarks provide the clearest signal yet over fears about a Covid feeding frenzy by opportunistic bidders seeking to pick off companies weakened by the crisis. This weekend American investment firm Apollo became the latest suitor to join the bidding war for the AA, Sky News reported.
Anthony Forshaw, of boutique investment bank Houlihan Lokey, said: “Coronavirus and the associated sell-off of UK shares has presented a major opportunity for distressed investors to land a cut-price, take-private swoop – either through acquiring debt or making an offer for the shares.”
Richard Dunbar, of Aberdeen Standard Investors, said: “The stock market sell-off sparked by coronavirus provides investment opportunities for distressed-asset investors to take advantage of the crisis and the uncertainty that it has created to woo investors with lowball bids.
“Suitors would be wise to remember that shareholders in listed companies have already been rewarded for looking beyond the current crisis, and will seek value that reflects a world that will not always be as it is at the moment. The value attached to bids should reflect this.”
Graham Simpson, of Quest, which specialises in identifying buy-out opportunities of listed companies, said that house builders such as Redrow and Bellway were attractive targets. Dixons Carphone and Pets at Home, which have largely survived the onslaught from the likes of Amazon despite carnage on the high street, will also be popular, he added.
The approach for AA has also exposed friction betw
Haha hahah 95p
Yes I know that.
Apollo global management AA current offer is 57p not many days left so I think take over is more likely very soon. Could be anytime
Reduced my average to 0.43 hopefully soon I can get out without a loss.
I don’t know if I will I ever recover my £60k loss from this fu...ing company but I just hope I don’t have to visit this cu..ts in their office. The pig f..er can’t run a company he should be behind the jail for misleading investors. What the f.. happen to his Spain project?
I’m had 14 millions before Consolidation but now I’m only holding 560000. If we divide 14 million to 21 I should have 666000? So what happen to my 166000 shares ? Any help here guys
It does change a lot mate. Because he need to raise more money to get his wages he doesn’t deserve and each time new shares come to market value of your money will go down. Let’s say if we have 300 millions share in issue after constellation he will issue another 50 or 100 million to raise money so each time this happen you will have more shares and share price will go Down then you have no value left