Jay053
02 Feb 2018
Buy Just had some more at 4.9pThere is talk this could take up to 2 months to be sorted out, so we could see more weakness then a gradual rise as news comes out. Lets see
Ripley94
02 Feb 2018
Re: Sierra Leone News: Sierra Diamonds t... Just topped @ 5.5pRead a post on lse bb, i referred to that they are keeping listing ( not sure if you can go by that )
Norris107
02 Feb 2018
Re: Liquidity... I was wondering the same thing and think/hope we'll get some clarrity on that in the next RNS or 2 - if the deal progresses.
Ripley94
02 Feb 2018
Re: Sierra Leone News: Sierra Diamonds t... Newfield Resources the buyer .Stella to become 16.4% off.Newfield high was 22.3 cents ex-rights Theoretically i read on lse bb.29 cents before 31/01/18.Its only a possible offer / risk.worth 9.77p..... premium 325% the poster stated.
HPC Follower
01 Feb 2018
Liquidity... Anyone know whether the combined company will also list on the LSE, because quite a few brokers won't hold ASX only stock, and forced sales won't help the share price nor our individual returns?
Ripley94
01 Feb 2018
Re: Sierra Leone News: Sierra Diamonds t... Dipped a little towards end .Shows low buys @ 5.875p.... AIM is hard to understand the big spread favoring big boys.
Ripley94
01 Feb 2018
Re: Sierra Leone News: Sierra Diamonds t... I might if the spread was not as large.No mention on winnys blog.Does he ever fess up when hes so wrong ?
Jay053
01 Feb 2018
Re: Sierra Leone News: Sierra Diamonds t... I've dipped my toe at just over 6p, would have got in this morning but was in a meeting. There might be a pull back which I will dip a few more toes.The 12.7p offer is the minimum which could be offered.Lets see what happens this afternoon.
Ripley94
01 Feb 2018
Re: Sierra Leone News: Sierra Diamonds t... The spread is over 13% !!Offer equivalent 12.7p and the £ been high of late. ( premium 452% )Looks like i dipped toe in 5th Oct 2017 .. thought i might try doing the opposite to Winnifrith blog , worth a try.Oddly had an offer alert this morning @ 2.49p did it drop first thing ?See they were 8.29p June 17 and 50p May 15.Are you buying Jay053 .. 15p is twice this price ?
Norris107
01 Feb 2018
Re: Sierra Leone News: Sierra Diamonds t... Schedule 1 - Irrevocable Undertakings 29.8% - all major share holders including Karl Smithson - Game on
Norris107
01 Feb 2018
Re: Sierra Leone News: Sierra Diamonds t... Nothing but cob-webs on this board for months and nearly posted yesterday but thought why bother? Wish I had now.I was a bit miffed at missing the off this morning, after all this time, as I was off to the dentist first thingI've held these for years and thought something was up with the Credo Capital Plc Client account adding 3mill + to their otherwise meagre holding.Having said that I couldn't have topped up as I'm all in elsewhere with no more funds to play with.I'm wondering if Karl Smithson will be happy or not about this - my initial thoughts are I think I'll take the 12p if it's on offer. Off to read the RNS in full .
Jay053
01 Feb 2018
15p Possible This will start to motor soon and move nearer to offer price IMO also consider the deal is likely to increase the value of Newfield significantly or they would not be doing it! Could be worth more like 15p per share in reality.Stellar Diamonds is in advanced negotiations regarding a possible share offer for the entire issued and to be issued share capital of the company by Newfield Resources (NWF).Under the possible offer, Stellar shareholders would receive in aggregate 95.5 million shares in NWF, expected to equate to approximately 16.4% of the enlarged share capital of NWF. Stellar shareholders would receive approximately 0.76 of a NWF share for each Stellar share held.Based on the closing share price of A$29 cents per NWF share (approximately 16.7 pence at the exchange rate of A$1.74 to £1.00) on 31 January 2018, the terms imply an offer value of 12.7 pence per Stellar share.This represents a premium of 452% to the closing price of Stellar shares of 2.3 pence on 31 January 2018; and 412% to the volume weighted average closing price of Stellar shares in the three months prior to and including 31 January 2018.NWF Resources Limited is an Australian exploration company listed on the ASX market with focus on a number of diamond exploration licences in Sierra Leone and several gold projects in Western Australia. The basis for the possible offer is to merge the business interests of NWF and Stellar in Sierra Leone and bring the necessary funding to advance the high-grade and high-value Tongo-Tonguma project, that Stellar holds via its own licences and the Tribute Mining and Revenue Share Agreements with Octea Mining, into production. The boards of NWF and Stellar both believe that a combination of the two companies would create an enlarged and well-funded diamond development company focussed on Sierra Leone which can generate significant long-term value to shareholders through bringing into commercial production the 4.5 million carat Tongo-Tonguma project.
Ripley94
01 Feb 2018
Re: Takeover announced Thanks prostand post overlapped 
Good to see someone else interested .
Ripley94
01 Feb 2018
Re: Sierra Leone News: Sierra Diamonds t... Wow ... that steer from Beaufort a good one .I was already in.150% up today , read on LSE about a rights @ 8.44p which would be more then 15% higher then the best sell i can see @ 7.25p at open .
prostand
01 Feb 2018
Takeover announced Still plenty of room to rise with Takeover at about 12p Still underwater but better than nothing
