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Or almost done Pembridge Resources plc (previously China Africa Resources plc) is an AIM listed natural resource exploration and development company. It is a Rule 15 Cash Shell seeking a reverse takeover transaction primarily focused on the energy metals and minerals sector.
Now let's have the RNS to confirm the change
Should follow soon then
http://www.chinaafricares.com BUSINESS DESCRIPTION Pembridge Resources Pembridge Resources plc (previously China Africa Resources plc) is an AIM listed natural resource exploration and development company. It is a Rule 15 Cash Shell seeking a reverse takeover transaction primarily focused on the energy metals and minerals sector.
About the name change
Then cannot see CAF staying at current levels for much longer, it seems to me a deal is close, 81m in issue + circa 25% locked up Chinese investors and Weatherly have some, new BOD as we know are top class.
PJ mentioned in Caf chat group that he holds just under 3% I think his main focus seems to be RGM now I'm not all worried about anyone selling here and looking forward to an RNS later with regards to the name change.
You could try contact David Linsley to enquire +44 (0)203 778 0655
We should get and RNS later today
ChazC chill we are all here for the same reason to make some very nice profits.Lets see what tomorrow brings
Lotto some people just have no patience with Caf, they assume as soon as there is somebody selling that it's a bad sign.Anyway name change tomorrow onwards and upwards GLA
I have 750k of shares in Caf.I think once the name change the SP will start to move.I mentioned about second RNS just thought it would work well after the name change to release some good news.This 250m+ management team must of been busy working on some good news for us
Anyone think we could get 2 Rns's tomorrow name change and some good news
let's hope so, I am expecting things will start to happen after the name change.Have a look at Malf assays due anyime expected to be worldclass low Macap tiny free float.
Yes all good now, seller gone name change coming 250m+ management on board.Time for the rerate
Starting to move, name change on Wednesday then let's have some good news
If we don't get news after the name change of a Cobalt deal, I'm sure the Bod will want a mixed bag plus Cobalt stocks have been performing well.
Lotto cheers for the link Revealed: why China Africa Resources changed its name to Pembridge Resources Tuesday, 14 March 2017, 6:36 pm To the AIM bulletin boards where investors appear to have got rather excited about China Africa Resources's proposal to change its name to Pembridge Resources. The move to change the company's name comes after David Linsley - one of the founders of Cross Asset Management (older readers might recall the investment firm was one of first London-based event driven hedge funds set up in the City) was appointed as chief executive in February. Shareholders are expected to vote on the name change via a special resolution at a general meeting on March 22. This has triggered also sorts of wild speculation about how China Africa Resources/Pembridge Resources could be on the cusp of a reverse takeover. However, little old Betaville can, in fact, reveal the reason why David Linsley picked Pembridge Resources as the new name for the company: when he got the call asking him to be chief executive of the company Linsley was at the headquarters of Vrumi, which is based in Pembridge Villas, in Notting Hill Gate, London. In case you don't recall, Vrumi is the succesful start up launched by Roddy Campbell - the other founder of Cross Asset Management, which was eventually sold to RAB Capital - that taps into the so-called sharing economy by matching working professionals with homeowners who have spare rooms for the day. Here is a link to the FT piece on the launch of Vrumi: https://www.ft.com/content/7b3ebca8-ff05-11e4-8dd4-00144feabdc0.. - See more at: https://www.betaville.co.uk/news/revealed-the-real-reason-china-africa-resources-changed-its-name-to-pembridge-resources-sources/#sthash.iCFgeEcV.dpuf
16p intraday spike was a pump and dump as we know material news here will see substantial gains and imo we should see 20p easy.Why would a 250+ management team join a microcap?? why the name change next week?? A PE team now run CAF, used to running $500m+ funds in the natural resource space.Strong clue the nat resource sector has turned. GLA
then should get some news, so don't think we'll see these prices for much longer