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To all the naysayers, bedwetters, sceptics... The sale of KAZ proves that a Russian minor can be sold on the LSE. No meddling, no backhanded, no Gov Involvement. Nice safe sale
Gecko - I'd love a FSP update, but the last update was quite detailed although short and sweet. What else can they say? They are turning non - binding into binding. I for the death of me can't think of anything else they can add that would have a positive effect. We know all there is to know
This is why aim is known for such huge rerates. Because so much skull duggery is done to keep the SP suppressed until the big boys have stole the shares from the private investors.
The market has set 29p as a bench mark since the sale by Alexi.
However the purchase by Veeles is a astonishingly positive act. A well respected and ruptable, profitable and long standing Russian investment firm took so many shares. Think about what happened here. What must of been said for Veeles to take the golden tickets, why Alexi didn't sell them all. I topped up 92k shares yesterday and really think today's the day.
Interesting. Fortunately Blackrock won't be able to get nearly enough shares here to do any damage and they are in @ 38p all the way down. The BOD & others hold the cards here. And the end game is near. Non binding offers on the table.