Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
mms bidding a premium, someone wants these.
if only adam votes for the deal and the other pitifull amount the other directors have, so say 25m votes for, then only 7m needed to vote against for it to fail. nailed on failure imo.
only 13.13 million votes needed against it for the deal to fail.
how can they possibly have 75% of votes with all the shares changing hands yesterday and today?
yes i do.
Jarv55, the deal is not done. It needs voting through by 75% of shareholders. IMO there is little chance of that happening.
The company is changing hands right before your eyes. Another offer will come when they have bought enough in the market at these silly prices.
Someone picked up 700k in that auction. Over 1% of the company in 1 trade.
When the bod wake up and realise this deal is not going to be passed there will be more solutions.
Nice buys, I can’t imagine they—kind buyer voting this deal through
Buy and vote no. Stop this aim corruption.
well, if you wanted out you would now be out. Lets see what tomorrow brings.
i didnt say it was a fact. It is a possibility that one or more of these offerors does not agree with the self serving ceo.
who is buying?? From the rns
"some of the parties made proposals that were not deemed by the Board to be deliverable on an acceptable timescale"
Deemed by the board. mmm, I will be these parties are buying.
at this rate someone could have bought up to 29% today and may need to make an offer. Look out for possible tr1's coming in over the next few days.
55m shares in issue, take away Adams 12.5 (which he cant sell as he needs to vote) so 41m left, 73m traded so far today. Sales will dry up soon imo.
people should buy up the shares and stick it to him with a no vote.
totally agree this will not get voted through and also adam should in no way be allowed to vote on this **** take of an offer. He retains his stake !
sellers must be drying up now i feel. more than the total shares in issue traded and its still morning.
block the deal and do a placing at around 3p. then rebuild. Only 55m shares in issue in total, they could easily double that or more.