Well done to all that kept the faith1 Jul 2020 23:13
Been in here since October 2019 at 2.7p, ignored the derampers and shorters from then until suspension, just like a lot of you on here.
I would, rather selfishly, like it to relist just so I can buy some more shares, hold just under 80K shares, would love to get the chance to make it 100K.
I have shares across oil and covid companies, some of those holdings are 10x what I hold here, so my biggest regret is not buying more EUA shares.
By way of background, I've worked as a company lawyer for (non-mining) large multinationals for the last 12 years, so I've dealt with a fair few acquisitions during that time (20 plus).
My take on this situation is that it's a full company sale, rather than just MT, and there is at least one very progressed bid, but the BoD have decided to open it up. I've worked with UBS on M&A deals before and I was absolutely and very pleasantly shocked to see that we have instructed them. UBS being instructed should give us all a massive hint that this is going to be a mega deal.
I've skimmed through the posts on here today and I think the chances of being re-listed without a firm takover offer on the table are very slim, but, happy to be proved wrong, as I really want to top-up!!
I think timeframes until we learn of offer(s) rather will be measured in weeks rather than months.
I'm expecting an offer close to £1 for the whole company and I do believe that it could well exceed that mark, especially if there is now a bidding war in the background.
This could well be the best investment of the decade. If we do re-list whilst takover talks are still ongoing, I've got a feeling this will open at the 25p mark. I've got funds locked and loaded if that does happen.
Very best of luck to all holders here. I can already smell the shorts burning and it's an intoxicating smell....