The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Ask David! I'm sure its for personal reasons though.
Think he means 0.7p, need a good deal more than that to break even though!
Who on earth is buying at 0.45p? DS? Lot of averaging down for the lad to do!
Good to be back! http://www.youtube.com/watch?v=kwBKd7nQwik
Come on you f****** sort it out!
A nomad is easily replaced, like changing a light bulb. Wouldn't be surprised if a new one is announced tomorrow. Even if it drags on and we're suspended still all to play for here. This company can't carry on as it has been for much longer and thats where the Chinese come in. Crucially their interest particularly in Namib has been reaffirmed. Its all to easy to make doomsday predictions of a delist followed by a Chinese takeaway. On AIM we're all at the mercy of these kind of shenanigans, just have to have belief that a fair deal is reached!
Not even the proverbial dead cat bounce. I know the news flow is shareholder value is unlikely to be maintained but I have never ever seen a company on here valued at 130K. B*******
Can see more boing than bump at this price, small matter of 38% Chinese holding. With directors holding as well not in anyones interest to let this fade into oblivion. http://www.youtube.com/watch?v=tIdIqbv7SPo&feature=related
"I spoke to them this morning. The intention is to get a tender letter out to all shareholders ASAP with the same offer as in the announcement. One can chose to remain a shareholder of an unlisted co if you want but most I guess wont. They state they want a fair and amicable exist for shareholders" Sounds good to me. This was written by a genuine poster who I know has been holding for a long long while. Looks like Aik is determined to give the PI a fair settlement which while only right and proper, is very much at odds with the shenanigans a lot of AIM management engage in. Well done Aik, weekend in Haifa and a fish supper back on! :)
God, lets hope Aik's not as crooked as David Ross. Was in CSLT for a good couple of years, not a holder for his derisory offer but have been watching it play out in disgust. Like I said this is all my personnel take on things and I've been calling things wrong for fun. Still, interesting times ahead and a nice antidote to the death by boredom arbitration hearing:) GLA
Not sure exactly what the rules regarding such offers and whether they have to be related to the share price. I do remember Genisis sold out 2.7 million at the not so generous offer of 5.5p so lets hope we're not similarly shafted. 32p or higher please Mr Rosenberg!
The way I'm seeing it is Ariel (Hillah and Ariel are one of the same) is selling 19 odd million shares to Iscar leaving him with around 29%. Under the purchase agreement Ariel will scoop up Raimon's shares which ups his holding to circa 38%. The Iscar deal is conditional that the remaining share capital ie. mine and yours holdings is bought up through the tender offer. Now what we don't know is how much the tender offer will be. Logic would suggest it'll be around 32p but if old man Ariel wants to play dirty we could end up with a low ball offer which if rejected will trigger a delisting to allow the Iscar deal to go through. This is the reason for the low SP, the uncertainty that we will receive a fair offer. So come on Ariel, lets see that famous Israeli sense of fair play in action and make us a decent offer!
I agree, lets see how this one plays out. MM's 0.22p is a ****take, not sure you can buy in any volume so might be a tactic to scoop up some cheap shares. The Edge, do you have any thoughts or has the malaria set in already? :D
Thanks for your reply, I always have trouble interpreting MTT's regulatory announcements. Isn't it the case that the tender offer will be made to us PI's while Maimon has been bought out under a purchase agreement for 32p a share. I'm expecting a fair offer from Ariel around the same level but you never know do you? Apologies if I'm reading this incorrectly!
Think you'll be holding for a long time to see 80p. The deal seems to be dependant on all outstanding shares being snapped up by Mr Rosenberg so looks like we'll be bought out. Ran Maimon has sold out at 32p but the RNS is slightly confusing me. Does he really own 8.9%? What about us humble PI's are we to expect a similar offer? Still, have to admire your timing and general bullishness these past few months, Congrats!
Yes I forgot about the post from 2005 :) Give credit to Polly, certainly made more of a contribution to this board than you ever did!! :D
Well I've been here from day one literally 1st post. What a crazy share MTT, still have 1K worth so that's a nice bonus and a fish supper for you Ariel, Toda raba me old ;) Well done anyone who ever made money on this, its not easy. Although it would seem bbr absolutely ****ed it! :)
Totally agree, further speculation should see at least to 16p +
Should read 2010, been here long enough and MTT are never shy to dampen things down when we're on the rise! :)