IPCM breaking news (allegedly) International private equity consortium IPCM are reportedly due to announce an all cash takeover of RRR...No final timeframe has been placed on the transaction, no spokesperson for IPCM has been located for comment and no registered office or contact details whatsoever for this company are known. Still, this is very positive news and the deal is allegedly due to complete in a matter of days...subject to shareholder approvals, an EGM and other as yet unstated processes that might involve some perhaps indefinite delays to the transaction completing. Notwithstanding these minor details, shareholders should note the deal valuing RRR at 9.6p per share will see a maiden dividend being declared and everyone should be very excited with this big picture development. In recognition of this amazing deal, the board of RRR will be awarded 2,000,000,000 new share options. In a separate and unrelated matter Yorkville shorters have agreed to buy 260bn shares of RRR at0.1p per share but fortunately for them, they have presold them to PIs for 0.4p (not clear whether this was per share or the whole 260bn) This statement has been issued by "Private Investors Seeking Shares Trusted and Knowingly Excellent" PISSTaKE is a not for profit organisation. (It wasn't but then it invested in RRR and RGM) We seek safe harbour
Grumpy celtic! oh well he has been up all night...Best Doji
Welcome to the new Carclo stream forum! Messages posted in the Carclo stream will be logged here for posterity.
Welcome to the new Vectura Group stream forum! Messages posted in the Vectura Group stream will be logged here for posterity.
1pennie as predicted is becoming the ceiling here...Best Doji
thinking about it I agree when before this opened today I thought the worst was over, I'm trying to catch a falling knife never a good idea