Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
If they are going to do an IPO & list TallyMoney Limited on AIM onstead of Lionsgold then how will LION shareholders benefit???
Although it's a fully owned subsidiary of Lionsgold, TallyMoney is nevertheless a company in its own right and separate legal entity. Current holders of Lionsgold shares would benefit indirectly by any increase in the value of a Lionsgold subsidiary showing on its own balance sheet, but would not actually hold shares in TallyMoney directly so would surely not be able to trade their shares under that listing (or indeed at all if Lionsgold itself fails to relist)???
One for bigmj to answer please???
Lets hope it's not bad news
I will take no pleasure in being right if my 0.28p xmas prediction proves correct.
:-(
GLA
How low can it go???
Trouble is the SP will likely half in a instant if the talks don't result in a bid
"Virgin Atlantic emphasises that there can be no certainty that an offer will be made nor as to the terms of any offer."
With no other interest confirmed, all else is pure speculation.
(Virgin)
"confirms that it is reviewing its options in respect of Flybe which range from enhanced commercial arrangements to a possible offer for Flybe"
Virgin Atlantic emphasises that there can be no certainty that an offer will be made nor as to the terms of any offer.
Posted by a technical annalist here yesterday evening:
"Chart looks like a typical spike to me - peak at mid 20s tomorrow am & fall to 18 or less by close.. further fall Wednesday"
Richard Branson is worth $4.9 BILLION so it stands to reason that he will bid at least that amount if only meet the expectations of most folk on this BB!
jester16
"If it was a sell who bought them and why?"
err, perhaps those PIs who believe this will do 30%+ everyday for ever & ever???
For those that believe the MMs take the price down to let the big boys in at 'mates rates', surely it would follow that the price is taken up to let them out at a premium???
No doubt conspiracy theorists would consider press releases and the spreading of rumours also play their part in this manipulation game???
I don't subscribe to such myths myself but appreciate many do.
Transaction was below Bid at the time (12:04:45), so most likely a sell.
Despite the frenzied BB hype driving expectations to ever more ridiculous levels, the truth is that there are at this stage no bids & it is impossible for anyone to say how likely it is that any will materialise from talks.
Simply mindful of what might happen to the SP, no doubt considerably quicker then today's rise, if Virgin's interest extends only to "enhanced commercial arrangements" rather than "a possible offer" (note **POSSIBLE** offer).
While everybody would like to see success, it is amazing that folk risk their hard-earned cash where there is simply a chance which cannot as yet be quantified...
"Virgin Atlantic emphasises that there can be no certainty that an offer will be made nor as to the terms of any offer"
Unfortunately sub-10p does look more likely than a meaningful rise.
I assume the short-lived climb from 15p to 19p was simply traders taking advantage of a 'Dead Cat Bounce' and now moving on.
Has anyone done a chart to identify possible support?
If they are cash rich, as has been claimed here on numerous occasions, why are they resorting to such desperate measures to raise relatively small amounts?
If they're running at the £7k/hr loss reported by the BBC, Telegraph et al, then £5m will only last a few weeks.
They must surely be getting very close to going under???
Just 15 trading days left to secure a new NOMAD :-(
Come on MYSQ, pull your finger out, haven't share-holders suffered enough without now facing de-listing???
Scully12345
"reach more sensible conclusions rather than sounding rather silly"
The recent sale of their hanger, which surely must be considered a key asset, can only re-enforce the desperate position the company is now in... According to The Independent they are running at a £7k/hr loss, so the £5m they got for the hanger will barely last a month... they've also had to fork out nearly £ TEN MILLION since September just to get credit card issuers to accept the risk of continuing to take payments from FLYBE customers.
Far from a bidding war, it seems likely that finding someone to take this on as it stands is going to be quite a challenge. Far more likely imho that any potentially interested party will simply wait for it to go to the wall and cherry pick the best assets from the receivers at a rock bottom price?