Member Info for mogo

company,morsel

Well AFF can pray from 00.00 am on Sunday then negotiate,IF it is RIO in there,they should have no trouble outbidding a quite small compsany like IMIC.RIO have a Mcap £64.84bn while AFF's present Mcap is £104.75m,a small mosel for RIO if they want it.RIO have gone from 2715p to 3511p in the last few months which should improve their balance sheet a lot.

Who knows what might happen in a few seconds lol-my joke share of the 2011 VPF is now top of my picks with +6%. Scared to say that now..

might

though maybe an RNS must be put out if they do,both bidders night be buying at these levels if they believe in this ?

this has got to get up to at least 115p by the 13th ?

I'd guess that IMIC might have underbid.Also no idea how a smaller company can take over AFF.The other bozos might win out if they offer cash only and a higher deal.AFF could even refuse any bid.They have the cash to go ahead independently.

due to a higher start on 3rd Jan that isn't fully registering yet,the 10% rise is from the 4th.

A convincing post by jimjams over at RRR values it at over 10p, while now it is at 1.1p.It has however risen over 10% in 2013 so far.

can a £16m company take over a far bigger one ?

IMIC also listed in London plus Canada therefore why not ISAable ?

might be that phase over-see the late steep rise there..recovery coming ?

yes it shot back down again!

See there the first time RRR ever helped me in this comp. after its disastrous 2011 effort-it just shot up £1000 in my VPF! Looking for the catch-22 now..2 bits of news approaching of sales hopefully there..

See there the first time RRR ever helped me in this comp. after its disastrous 2011 effort-it just shot up £1000 in my VPF! Looking for the catch-22 now..

the 13th Jan. deadline approaches,this cannot go on falling in that scenario..

cash

the present suggested offer is for Canadian shares plus cash,I feel UK shareholders wouldn't want that,I'd prefer an all cah deal or just any UK major's shares if one came in,also it seems a bit too low,hopefully only an initial bid,as I said the cash pile now more than covers the present Mcap.So twice this SP wouldn't be excessive ? Probably they wouldn't get all of that as any bidders are hoping for cheap mine setting up using the cash.Look though at the price of iron ore now at the highest for several years.For an attractive company this should be a takeover buyers market.

yes it seems mysterious,maybe profitaking as it had been in the 60's for a while.You'd think they'd wait on any deal,give it a chance.Possibly stop losses triggering..

OK I must be wrong,can you give any details for other posters then ?