Member Info for strop

http://www.iii.co.uk/investment/detail?code=cotn:RTY.L&it=le&display=news "The Board are considering the offer by Black Sea Global Properties Limited. An announcement and a circular with the Board's views on their offer will be issued shortly."

The first closing of the Offer is at 3.00 p.m. (London time) on 17 July 2009. See RNS http://www.iii.co.uk/investment/detail?code=cotn:RTY.L&display=news&it=le

Thanks for that

Bargain Conditions Apply A term used by the London Stock Exchange to denote that certain conditions were agreed between the two participants at the time of trading.

Excuse me gatecrashing your board. I hold in GKP and it would appear that one of their MI's is offloading millions of shares. Chief Suspect at the moment is RAB. Anyone any info or can tell me what RAB current strategy is with such holdings? Thanks

Am a tad disappointed with the way this has and appears to be going. Will contact company direct in next couple of days but cards on the table for me is to take a loss and invest what is left in what I believe is a better option for me. GL to all staying and thanks for your advice and comments. Will chat again if I get the right responses and when I have better access to research.

I feel whatever happens. Away from home with limited Internet access so cant do all I would like. The RNS's issued today havent answered all my questions for all of the transactions on Friday and the buy back looks as poor as the BSG offer. Bear in mind that all relevant SP figures they will use are over the last 5 days where the highest SP has been 7p. c) the maximum price (exclusive of expenses) which may be paid for a Share shall be the higher of (i) an amount equal to 105 per cent of the average middle market value for a Share, taken from and calculated by reference to the London Stock Exchange's and the Channel Islands Stock Exchange's Daily Official List for the five business days immediately preceding the day on which a Share is purchased and (ii) the higher of the price of the last independent trade and highest current independent bid on the London Stock Exchange or the Channel Islands Stock Exchange when the purchase is carried out;

5 mill accounted for 13 mill still to be explained!

Still much the same as my earlier post Lucky. No real change.

Just upgrading other pc so no access to L2 at the moment I am afraid.

Millenium appear to be acting as Investment Managers on behalf of Integrated Core Strategies

Either a prospective buyer or a big investor who knows that Black Seas Initial offer will not be the final price for this company. Will be interesting to see if sp is affected by this and other RNS today

Millenium Partners bought the 5 mill (and poss more) on Friday. http://www.iii.co.uk/investment/detail?code=cotn:RTY.L&display=news&it=le

I will paste the original agenda below..............I dare say it may have changed!! The board has announced that the company is proposing the following resolutions at an AGM to be held on 15th June 2009; Res 1. To approve and adopt the annual report and consolidated financial statements of the company for the year ended 31 December 2008 Res 2. To re-elect Ernst & Young LLP as auditors to the company until the conclusion of the next ordinary general meeting Res 3. To authorise the directors to determine the auditors remuneration Res 4. To re-elect David Allison as a director of the company Res 5. That in substation for all previous authorities, the company be generally and subject as hereinafter appears, unconditionally authorised, in accordance with section 315(1)(a) of the companies law 2008 to make market acquisitions of redeemable preference shares of no par value in the capital of the company and to cancel such shares or to hold such shares as treasury shares

As soon as I posted, the 1p bid arrived!! VWAP still better than normal though 5.15/8.65

Looking better than normal pre market opening. In recent weeks the lowest bid has always been 10,000 shares at 1p. Today it is 10,000 at 5.5p. VWAP is good on buys and sells too, 6.18 on buys and 9 on sells. GL

for some RNS's so we can get a better idea of where we are heading and how long to stay on the bus!!! GLA

Just had it confirmed that the server is down.

You able to get on iii today mate?

At least their shares moved on the news!!