RE: confidence up (slightly)22 Dec 2020 11:13
Hi Lovelyboy
Your confidence is only a few %? It should be WAY higher than that ;-)
Come back to that in a minute.
I have had a few questions asked over the last couple of days.
1. Why didn't i join with the telegram group?
The honest answer is, i am not a big fan of private groups like those because a couple of other shares i am in did this, and the messages that were being posted on telegram / premium chat on L2 were not the same as posters were posting on the main BB. Anything i have to say is for the benefit of everybody, not a select few. It also ensures there are no mixed messages.
2. When will we receive another update?
Obviously, i am not part of the BOD so i can't guarantee if and when things will happen. However, i believe that the BOD will wish to save time and money, and i expect that the next news would be the announcement of the deal. Given that this will require the approval of the shareholders, then this would require an AGM. In such a case, i think the BOD will combine the announcements, hence the delay in announcing an AGM. As for timing, the last thing we want is a spike in Covid in week 1-2 of January following the Christmas period. Any further tightening of the rules could inevitably lead to a delay.
3. Do i know who the target is?
If i did, i could not reveal it anyway, as the FCA would be waiting for me to get home tonight! So not for definite, no. but i do have my theories on at least 2 possible candidates.
4. Is the target **** or ********?
This is answered below as per Lovelyboys comment.
5. Am i party to or connected in any way to either Bould, or the intended target?
Definately not. I am just me, an individual shareholder just like the rest of us.
Back to Lovelyboys post.
It is probably obvious to most on here who you are referring to re the target. I will say that it is all to easy to see similarities with other prospects, and make an apparent link. Indeed, approx 12-18 months ago, all the links were there for Couer, and i was pretty sure at the time that it was the target. Having investigated further, i later discounted that theory.
I can make a link to probably 3 companies looking at certain coincidences.
In the case of the one you are concentrating on, you correctly said they published the prospectus. However, this was of the whole company, **** to list on the main market. IF this was the company, then the bit you should be interested in would be a later prospectus/listing of the spin off company, (not happened yet).
Just supposing it was the spin off ********. Would you be happy with that company, (look at what they would bring to the table - a million or so?) or would you be happy with a much better prospect?
Hence my comment you should be WAY more confident than a few %
Neil