By my reckoning MTR sold about two-thirds of their shares ...so we're left with about 15m NEW plus the cash
Frankly..I think market sentiment has this share pegged at exactly the right place...no, scrub that it is still overvalued with Colombia sake factored in..but of course likelihood of the deal happening is unlikely...hold on..good news, the lawyer has just announced that he is changing his shoes
MTR have a growing cash pile to pick up BMR assets
Has anyone figured out how an order could be placed for half the company's equity ..and the dealers agree to process it.."
Take a look at ng view of RRR...look at the 5yr trend...it's a special sort of company that camps destroy shareholder vale by 90% year after year
Checkout Golcrest Reources...looks like destroying shareholder value is a family trait
This share was great value at 16p, 15p all the way down to 0.07...still wonderful value...makes you wonder why Bell who has diluted to over 4bn shares hasn't invested in a huge tranche of this great value opportunity...maybe he knows something? Like who are IPCM? Who know.....this must be a buy, bye bye
IF THE VOTE IS NO...then shorters will be burned savagely...no telling where the sp will end up as positions have to get closed
come on mtr...keep the newsflow coming..