Some lth posters on here are acting like traders atm . Most people on here knew that this offer was undervalued so why the venting of spleen. One thing i would add is that which company informed the market first and did not wait to the final five minutes. Says it all about integrity inmv
Chinch Maybe they awaiting north Eigg results before entering into any meaningful discussions with anyone. Everyone knows the value here at the moment. So my guess is that either way matters will come to a conclusion once north eigg is out of the way. Fwiw i am happy to hold for the dividend and wait to see what happens after north Eigg. I wouldn't be surprised if it becomes a duster discussions would resume with Kisto's.inmv and inmho
I am not sure that anyone would issue an rns. All the twenty eight day rule stipulates is that a firm offer needs to be announced. The way I see it that it has not been so it just lapses. I haven't received anything from Kistos has anyone else. I would think that Kistos will have a lot of explaining to do to their shareholders over this in the future. Inmho.and inmv
Onwards and upwards sasa43. Sincere thanks to you and Newkotb and the other knowledgeable poster's. I hope and are pretty sure most lth know when to ignore some of my previous garbage posts. Everything crossed for a happy outcome going forward.
And not forgetting sasa43. Very strong balance sheet and a yield of at least 5 per cent. Have some forgotten that carrying debt has become a great deal more expensive today. With further rises on the cards.
What I cannot understand is why Kistos and its advisor's are not rapidly buying up stock. Even in the event that the bid should fail they would have a base to work from at a future date.
Has the char mob taken a look at Deltic. Interesting as it is UK based, probably wont appeal to the clan , but worth a mention as the group bought up char in the past for some bizaaaaar reason .