George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
I’d put up with a suspension if it means the sp is coming back over 5p
Surely a full takeover would bring the biggest returns for SH in one hit though, obviously depends how many multiples a T/O would bring at this point though
Looking good for back up to year high at least this week if strong volume continues.
Yep, only need to see 0.64 to be level! At least now it may actually be possible!
Agreed, anything over 5p would be very much appreciated by all holders no doubt. Fingers crossed.
That’s a fair point but I can’t see anyone tabling a derisory offer, no point is there as they know that the BOD understand the true value of the assets so the bidding war should start high!
SH have to vote it through, the BOD will give their recommendation on whether they think it is an acceptable offer or not but in the end SH can still vote in favour even if the BOD recommends not too. I’m sure if the offer is enough multiples of the current MC then the BOD and SH will accept but then that begs the question what price per share is acceptable to shareholders?
Indeed, it’s unfortunate that there are now so many more shares in issue since the 30p days, no matter, everything does finally seem to be coming together now though, been a long wait for the long awaited multiple pence here but fingers crossed it’s not too far away at all now! GLA
Or at least first week in feb rather than mid to late feb.
The significant increase in volume today suggests that some are expecting news maybe this month?
Good. You won’t have to read any of my posts then will you, also, It’s “you’re”
Indeed, first stop 1p surely, then see how many penny’s come thereafter!
I’m here, silly.
Definitely had the hallmarks of something leaking out, not long to wait to see if that was indeed the case.
This month at some point presumably?
You think that there were T/O discussions this weekend that the BOD have accepted?
What was the offer price?
I think the fact that the average daily volume over the last 3 months has been 66 thousand and all of a sudden Friday it jumped to 13.5 million suggests something leaked, will presumably find out in the company days what did leak out ahead of time.
How do you know he is in talks with potential bidders this weekend?
Nobody in these BB’s can influence an sp up or down ,it’s just a forum to shares theory’s and speculate what may or may not be happening in relation to a sp or company, really no need to make out it’s something that it’s not.