Member Info for Lucando

Question is then has the Russian been accumulating or not. Going by his previous modus operandi he would take large positions to influence any votes. If he was not behind the euroclear accumulation how will he do it this time?

Seems legit lol

How is the company powerless, the shareholders aren't.
If someone wants to buy the company they have to buy the shares. If they offer to buy the shares for less that the shareholders believe they are worth the shareholders will reject the offer.
As TDT has stated already today, this isn't like Highland gold. The shares are held by pi's not major holders

But will they have an option?

This is Russia though. I feel he will get it for the 7p and we won't be able to do anything about it.
I'd say this guy is obviously well connected

TDT, I do respect your posts but on Redlee you are wrong. He was agenda driven. Seemed to be because they sold out at 2p to see it go to 16p a couple of days later.
Those naive enough to listen would likely have sold out. I don't appreciate derampers, which is what he/she is.

And where is redee now with their negative posts?

I think I remember it said along time ago that RY once said that there would be the period we have went through, were everything went quiet and after this is when things will ramp up.
Can't remember who said it, it was when they spoke to RY at one of the AGMs but it seems we are at that time now

So you think it was leaked by AMC then TDT?

If they offer isn't acceptable to RY he doesn't have to put it to shareholders, does he? Is this the hostile takeover he previously mentioned?

No there isn't

A lot of new names on here talking a lot of nonsense

Where do you get 400mill from.? I'm not sure of the resources IG Cooper had but I believe it was similar to AMC. It sold for 200 mill and I believe was further along

Why would any of the large trades be sells. That makes no sense. It makes no sense for anyone to sell if the offer price is double that of today, that is throwing away money.
I would expect to see a continued rise to 6p in anticipation of the offer(s)

TR1 has to be released soon

It seems they've ramped up the accumulation over the last couple of sessions which suggests to me it will soon be announced who they are so they want to get as much at as low a price as possible.

Also, they have no authority to issue shares

Geng, you said on Friday that there was a breakout. What do the charts tell you about where this one will go?

When does the accumulating party have to declare their position TDT?

Are you a holder geng?

They will have to break cover at some point