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and that's an understatement
offers to make an offer - sees reaction on Tuesday from market to conclude
offers to potentially offer 5p - sees reaction on Wednesday from market
Firm offer expected upon conditions agreed.
After 7+ years they achieve a NAV of 3p and that's no doubt overinflated based on their figures.
seen this year so far sp +13%. Will it reach 2p!
https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/MDZ/14016404.html
around 3.4p - around 150% higher than todays prices
take any year the share price was consistently higher
2020 expect the same
that's the bits your not supposed to read lol
The Company has given certain customary warranties and indemnities under the Placing Agreement in favour of WH Ireland. Translation Service: expect shareholders to be shafted
this 'what could go wrong' placing. There are over 40... https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/KDNC/14015926.html
Consent Solicitation expiry date of Thu 5pm, 28 March 2019. This would give MA the upper hand knowing shareholders could be saved if his offer was accepted. The default is still a potential zero return for investors.
good luck all - the end is nearing regardless
The Placing Price has been determined by the Company and may not relate to the Company’s net asset value, net worth or any established criteria or value. There can be no guarantee that the New Ordinary Shares will be able to achieve higher valuations or, if they do so, that such higher valuations can be maintained.
in play. Shareholders could still end up with nothing regardless of a potential offer. Expiration date: 5:00 P.M., London Time, on March 28, 2019, unless extended or amended, or unless the Consent Solicitation is earlier terminated by the Company, in each case, in its sole and absolute discretion.