Member Info for Shurething

I think this price drop is overplayed. Strange world this that a company can decide it is no longer interesed in selling! Good management ploy - from 'several interested parties' to 'not on yer nellie'!

When was this £1.60?

Offer price now 190 p.

Moving up again a little this afternoon.

Worth watching! Get these guys in to Workington and the Lakes!

Good news out today: http://www.symphonyplastics.com/downloads/pdf_press_releases/127_superfos_november_09.pdf

KIW, and FQM, have clearly suffered the effects of the credit crunch. FQM, like other copper producers, hit rock-bottom last December - since when they have recovered rapidly on the resurgent copper price. The only thing that could or might knock this deal down is a fall in the global copper price. However, this is balanced by how the markets view the deal - FM:TSX is currently just over 6% up - or 5% more than the sector as a whole today. Currently the offer is worth about 76 p per Kiwara share. As long as the copper price holds, and major copper producers' share prices, this money is in the bag and any counter offer - which would be considered hostile by the KIW management, would have to be significantly higher than that (my guess would be all-cash at over 90 p per share). However, I'm just banking on the c. 76 p. I don't think the other major Copperbelt producers want to risk their necks at this present uncertain time. Some already have mothballed projects across the border in DRC. But you never know! The South Koreans are a possible bidder, but they don't have the expertise in independently valuing and developing such a deposit. FIRST Q are certainly FIRST choice!

Takeover!! - Thin board, so just to mention news today, FQM is to buy KIW in a part-cash, part-share deal.

With KIW there is also the possibility of a counterbid. KIW do have the best/largest anomalous exploration ground in NW Province, and there is the possibility that they are sitting on a multi-billion dollar deposit.

Hello carpetbagger, sorry I have been out. Trouble with KIW is that it sounds like a furry Australian animal, not a serious exploration company. So many on these boards stick to names they know. For me it was simpler cos I've worked in NW Province and know about its Cu-potential, and FQ being just 'down the road'. Never worked for either, don't know anybody who does, just a pure hunch based on geography and probability factors. I know less than that about CHAR I'm afraid, but they seem to have potential upside. Wish I could help more!

Takeover! Spot on with my guess as to the bidder.

Day's biggest riser - 122% at the mo. Come on LSE - your stats are wrong here!

Price has doubled today!

Buy price now 10 p. Was 5.5 at start of business!!

Have announced their intention to delist!

Thanks wilgray for an easy profit. Bought 40K at 07.59 at 5.5, sold 20K at 8 p and sitting on the rest.

Rising fast - just quoted 7.5/ 8p.

Moving up now.

A price rise depends probably on the institutions, and PI's, realising the potential of the company and the hurdle overcome today.

Under people's radar? They kicked up yesterday, fell back again, but are rising again today.