Bradda Head Lithium exceeds targets, secures US$3 million royalty and moves closer to production. Watch the video here.
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I’m still pretty sure it will happen. Language in that half year report moans of being a public company and talks of restructure over next 6 months. Question is more on timing I reckon. Who knows though. We’ll see.
If takeover does not happen can see this falling below 50p.
With the £1.50 offer hanging over us, the share price is always going to struggle - I could do with the deal happening sooner rather than later so I can crystallise my assets and move on. I'd wanted to remain, but I will happily now sell at that price. Just get it done. Don't quite understand why the RNS seems to be moaning about a traded company - the board chose to use this company to deliver what they want to deliver - they could have chosen any other company imho.
Makes for good reading 😜
Can only hope that’s the case but their track record isn’t exactly glowing. I’m sure a lot will unfold these next 2 weeks
So by the end of the week we will also have an update on the potential purchase. I'm hoping that they gave themselves an internal deadline of the 31st October rather than the 5th and that we might see an RNS that covers both of these items tomorrow or Wednesday.
The interims don’t require an audit opinion or even an auditors review so it should be straightforward exercise.
No real excuse for not publishing on a timely basis.
If they don't I'm assuming trading will be suspended again?
The company has till 18:30 on Tuesday to issue its trading update for the period 31st Jan 2023 - 31st July 2023. This is AIM rule and regulation. Let’s see if they can keep this deadline.
NO
Why would you say that? Is there any significance to that event
AGM 2nd Nov , wonder if takeover will be completed before Nov 2
Closing shorts. Bid incoming. Huge background buys
You know how shorting works right 🤭
2 £19k buys
More likely a nominee account - same as II etc
You idiot that was the short closing
Barclays sold out at 0.75, hmm...that's not good sign
The most recent we have is the tweet from the other day - progressing, but slower than they would like - we have no reason to assume it won't be going ahead, but equally no indication of the contrary
I am holding lots of these, and I want the deal to be done and dusted if there's one!!!
Money is just stuck when I can use them for other trades....
Any thoughts from experts here on what actually is happening 🤔
Thanks G
It was the short closing. You can see the trade yesterday 185k shares. 95 to 75 very good trade
Must’ve had inside info there was a delay, and maybe now they have inside info it’s going through soon
Who knows but looks v positive from here
SteJSteJ You’re probably right. I have no idea how this will play out and I had planned to keep TNT long term in my ISA. I’ll just be patient and wait it out.
It's the same as all the other form 8.3 RNS that have been out - but in simple terms, it's a prescribed form (so Tintra have nothing to do with the wording of it) and is a required part of the process of a takeover. It's part of getting all the ducks lined up in a row.
Would somebody like to explain in plain English and simple terms,what the latest RNS is all about,talk about a load of waffle.
Why is that an issue? I appreciate you'd lose the ISA wrapper and what you have paid into the allowance, but the unlisted shares could just be moved out no?