Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
in terms of trying to squash the SP to make it seem to PIs that the takeover premium is better.... this would mean that the MMs are in collusion with the BOD and know what the final SP will be. I think the MMs are just as clueless as the rest of us as to what the final sale price will be, that's why the SP is so stagnant
I highly doubt this is the case and that companies like UBS and DLA Piper would allow this to happen
I think EUA will be an exception - the final SP wont be based on the current SP or SP of the past few months because any market sensitive information has been concealed under the NDA
The market cant accurately price this because for the last 9 months everything has been veiled in secrecy - so the SP isnt reflective of what they may have
there also have been examples of takeouts being many multiples of the SP. Someone on here found an example of 19x SP , though i cant remember what it was
Tomorrow is another day, we all deserve a positive one
Remember, the BOD cited travel restrictions as to the delay in the FSP.... Russian-UK flight restrictions ended 23:59 16th March
Enough time for them to have hopped on a plane and get this darn deal signed in face to face
Got my fingers crossed
GLA
Would be a huge boost to morale if we had a fantastic thursday!
Fingers crossed!
What are peoples thoughts on the fsp rns- obviously its been thought that the rise last week was due to people in the know about mondays rns. But would the company releass the fsp as soon as the ink is dry so wouldnt be a chance for a leak and rise the days before?
Im really torn between thinking mondays rns was getting all ducks in a row before dropping the mega rns soon, or was just an update to keep shareholders happy as the fsp drags on
I think it goes to show we will see a 20% rise or aroumd about befoee the mega one lands
gla, stay patient and dont forget why you invested in the first place
Belstaff, how was that a speeding ticket? It was an update which the market hasnt received as favourably as it should have, probably because peoole think it means the sale will drag on for longer! If anything, the BOD releasing 43% increase would be to boost the SP , its not their fault the market is fickle and dont understand the difference between WK and MT
If it's good enough for Blackrock, it's certainly good enough for me
oh.. and Fidelity, KLP, Premier Miton, TIAA
seems everyone keeps arguing about the FSP price but that is a total mystery. i personally have high expectations for MT
today's RNS , as Smahtahs has so pointed out so well, has just shown that there is very limited downside in this share compared to the amount of potential
Even if it doesnt result in the BIBLICAL outcome i am hoping for, i know I'll be happy and have a sizeable return on my investment
block out all the noise and just follow the smart money x
Does anyone have any theories about why there was a delay in releasing the details of the DFS?
I thought because it was under NDA so perhaps that means the business is concluded? But also would think a buyer would want to wait until all licenses have been approved
I think everyone knew that MT is the beast and WK is just the cherry on top, even more so with this RNS
43% increase with low extraction costs and in line with ESG
I think this news will propel us into new highs which we should have been reaching before
All positives! Bring on tomorrow!
Makes me wonder how big MT could be....