Member Info for Ilovesushi

Avoid African. Even if this does go through and they get the loan the company will do more and more placings to fund development. Any ideas where it will get that cash? Look at history to see what Edenville has alwasys done. A leopard does not change its spots. African is a terrible place to do business. I have lost so much money in Africa. It is the grave yard of small AIM companies and any company that invests in it. Production licences and exploitation licences take age to come through, corrution is thick.

This company cannot make money from selling coals. It gets to little for it. Perhaps the reaon for moving out and manouvre to other plans? A move into Zinc? This amount of money it may recieve will not be enough. Big placings coming. After all why the need for a consolidation? This is all set for a future of more cash raises.

AVOID.

UP we go..

Lordnaz, if they are selling then that could be done buy opening a short. I think they are hedging. We see who the real Shorters are. Shown in earlier posts.

When a company is in an offer period trades and holdings above the normal rules need to be reported. Always when there is a bid plans are put forward yo stabilise the share price and to hedge a position.

Some traders institutions short and buy long trade after trade and report each trade.

If price rise their long pays off. If the price drops they are covered with their short, then they buy back on the fall and sell on every rise, even small trades are reported. Lets wait for a big position to be declared, these small ones can be ignored.

Now my question is can Sidara buy in the market as the share price is below their offer price. It can happen..

Years and years of losses. This company never seems to make a profit, and it is always tomorrow that they expect an improvement. What may look like an improvement can be dismissed. Dissappointed with this result but it is what I expect and why I was no longer a holder here. Its been profitable for me to trade here but these increases do not help, the company is still losing money and is essentially sell super-capacitors at a loss, and nothing looks like that will change. The next placing has been put back a bit but the money it has will not see it through to profitability so anther placing on the cards some time early in the new year. This progress is painfully too slow. Glad I sold out completely. Good luck all.

A history of disappointment and broken promises. It does not look good. STRONG SELL.

One of the reasons amonth others is, "buying and selling long and short" strategy is a form of merger arbitrage performed by independent market participants (hedge funds, professional traders) who are trying to profit from the spread between the current market price and the final acquisition price, by assuming the risk that the deal might not close. The target company is a participant in the corporate transaction itself, not a market maker or arbitrageur in its own securities. they have Further they declare any movement in a position, with the rules of rule 8,5 on take -over code.

My 23 pence close estimate, now 25 pence.

New bidder must be preparing to make an announcement is my guess. Nice bidding war would be good. 40 -50 pence take-out quite realistic.

Shorts must be closing.

Up we go. Nice

Going higher

Early Monday morning is my guess, with a leak to the Sunday times expected.

Good luck all.

23 pence close..

Https://www.mining.com/us-officially-adds-copper-silver-to-critical-minerals-list/

MOVING UPWARDS

Glad I bought yesterday. I expect more gains and a new bidder. Good luck all.

Ha[[y with my 20 pence buy on the close.

Picked up some few shares in the auction. Happy with that. Good luck all.

Great opportunity here. We have a 30 pence bid. Will Sidara offer more or will there be a new bidder? You must be in it to win it. Good luck all.

Why pay 30 pence when you can pick up shares at this level? haha

Picked up some. 20 pence. So will sell these at least 30 pence to Sidara. 50% profit..