I don’t think I’ll sell until it has reached conclusion.
It’s definitely a frustrating wait… I have been targeting/guessing end of October since we got the Last update. If we reach the end of November and we still haven’t had confirmation of a recommended bid, then I’ll be concerned.
Yes but the point is whether they sell or don’t sell… at some point…
I don’t think the company is actually working for making profit in a long term scenario.
hello im not sure if this is the right category. so i got some stock of Eurasia back in Nov and havent looked at them till today and they are suspended does anyone have any information on this subject
There’s certainly a lot of people looking at NN tomorrow. There have been wild speculations of SP from 50p- 350p - fingers crossed. It may not conclude tomorrow, there may be a JV… very interesting. This is one of the first shares I ever bought so it’s exciting to watch this process
2.9 ANNOUNCEMENT OF NUMBERS OF RELEVANT
SECURITIES IN ISSUE
When an offer period begins, the offeree company must announce,
as soon as possible and in any case by 7.15 am on the next business
day, details of all classes of relevant securities issued by the company,
together with the numbers of such securities in issue. An offeror or
publicly identified potential offeror must also announce the same details
relating to its relevant securities as soon as possible and in any case
by 7.15 am on the business day following any announcement identifying
it as an offeror or potential offeror, unless it has stated that its offer is
likely to be solely in cash.
If the sale was cancelled there would be a sharp drop followed by a more gradual rise to the current levels and beyond as they started mining and getting the profits that any potential buyer would be paying up from in a takeover