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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Metal-Tech | LSE:MTT | London | Ordinary Share | IL0010926751 | ORD ILS0.2 |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 21.50 | 0.00 | 01:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 21.50 | GBX |
Metal-tech (MTT) Share Charts1 Year Metal-tech Chart |
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1 Month Metal-tech Chart |
Intraday Metal-tech Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 04/12/2012 | 14:54 | METAL-TECH TORPEDOED !! | 702 |
| 20/8/2012 | 14:14 | Metal Tech ( The next big thing) | 24 |
| 14/6/2012 | 08:27 | Metal-Tech Ltd - Results for the year ended 31 December 2011 | 4 |
| 14/9/2011 | 09:11 | Metal-Tech - Molybdenum and Tungsten recovery play | 195 |
| 11/1/2011 | 11:57 | Metal-Tech: Good golly - is Moly the way to big lolly? | 2,880 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
|---|
Posted at 05/10/2012 10:09 by pomp circumstance Looks like we wnt be able to keep a small stake after all!PLease sell us your shares. if you wont sell them to us we'll take them anyway! PUH! 5 October 2012 Metal-Tech Ltd. ("Metal-Tech" or "the Company") Update on Tender Offer for all issued and outstanding share capital of Metal-Tech Metal-Tech, the producer and recycler of specialty metals such as tungsten and molybdenum, provides the following update to the announcement of 28 September, 2012. On 3 September, 2012 Metal-Tech announced that Hillah Consultants Ltd. Inc. ("Hillah Consultants") had commenced a Cash Tender Offer to acquire all of the Company's issued and outstanding share capital not already held by Hillah Consultants and its sole shareholder, Mr. Ariel Rosenberg (excluding certain ordinary shares to be purchased by Mr. Rosenberg from a shareholder of the Company following consummation of the Tender Offer or alternatively following the adoption by the Company's shareholders of a resolution for the cancellation of the admission of the Company's shares from trading on AIM), totalling 4,148,045 ordinary shares of the Company and representing approximately 10.8 percent of the issued and outstanding share capital of the Company (disregarding 99,405 ordinary shares that were issued subsequently as a result of the exercise of options as noted below). On 28 September 2012, Metal-Tech announced that Hillah Consultants informed it that the expiry date for the Tender Offer was extended from 28 September 2012 to 4 October 2012 at 17.00hrs BST. The Company announces that Hillah Consultants has advised it that, as at 17.00hrs on 4 October 2012, Hillah Consultants has received valid acceptances with respect to 4,036,845 out of the 4,247,450 ordinary shares subject to the Tender Offer (both of which numbers include 99,405 ordinary shares issued as a result of the exercise of options following commencement of the Tender Offer). The foregoing 4,247,450 ordinary shares represent 11 percent of the Company's issued and outstanding share capital. Following the expiration of the Tender Offer, Hillah Consultants and Mr. Rosenberg will control an aggregate of 99.45 percent of the issued and outstanding share capital of the Company (including the shares to be purchased by Mr. Rosenberg as noted above), which exceeds the necessary threshold of the issued and outstanding share capital of Metal-Tech required to acquire all the issued and outstanding ordinary shares of the Company, including those owned by non-tendering shareholders. As a result, the Tender Offer is binding with respect to all Metal-Tech shareholders, irrespective of whether or not they tendered their ordinary shares in the Tender Offer. The Tender Offer will be completed in the next few days. |
Posted at 14/5/2012 10:59 by mudbath I did not like the final results Mister MD,at all.IMO MTT have revalued the inventory to achieve profitability, "Significant decrease in inventory to a minimum desired level", yet inventory in cash terms rose to 23,401 from 21,131. MTT state that they are seeking to increase investment in a new production line and yet use of existing plant is diminishing, "Sales volumes decreased by approximately 30%, mainly due to working capital restraints resulting from higher cost of raw material (about a 50% increase in Tungsten prices over the year)." The company has only avoided a full scale funding crisis by drastically reducing Trade receivables to 5,604 from 11,076 ,whilst at the same time significantly increasing its debtors. Stated profits also rely on non recurring adjustments for discontinued operations. It would appear (to me)that MTT require more like US$20million than the US$5 that TNPV were earlier proposing in return for 30% of the company. It could be that there is a grand plan being formulated to ensure a golden future for MTT.On the other hand,if there is not such a plan,then MTT would appear to be operating on the very edge of insolvency;hence my continued exit. Mud. |
Posted at 01/5/2012 09:51 by pomp circumstance RNS Number : 2785C Metal-Tech Ltd 1 May 2012 1 May 2012 Metal-Tech Ltd. ("Metal-Tech" or "the Company") Movement in share price Pomp Circumstance acknowledges the recent rise in the share price of the Company. He can confirm that it is unaware of any reason for such movements and consequently does not believe there is a need to make an announcement in relation to this rise. |
Posted at 28/4/2012 10:35 by mudbath Hi ducatiman.COS ?,please enlarge.MTT claim is only around US$4.3million,I believe. Although an adjudication favouring MTT would be beneficial,I do feel that CEO Aik Rosenberg is frying bigger fish currently for it does look to me as though the future ownership of Meta Tech is up for grabs.This may potentially result in some wild gyrations in the share price over the weeks ahead. Whilst not wishing to deflect any potential investor in MTT,my top preference for further investment would most definitely directed towards Pure Wafer(PUR). Mud. |
Posted at 22/3/2012 13:35 by 7bore MTT edging closer to settlement with another update on 13 Mar 12:DATE: 22 Mar 12 Mar 2012 MTT v Uzbek Arbitration claim Metal-Tech.......... Share Price.........12p Shares in Issue.....38,376,923 Mkt Cap.............£4.6 Arbitration claim...$7.6m to $8m max.(£4.8m to £5.07m) = 11.98p - 13.21p/share. Arbitration claim hearing date (ICSID).....28 Jan 12 MTT ARBITRATION NEWS: 31.12.06.....MTT RNS - MTT 50% owned Uzmetal Technology Ltd (UTL) in dispute. 08.08.07.....MTT RNS - "any damages are not expected to exceed US$8 million." 26.10.07.....MTT RNS - Uzbek government declares UTL bankrupt 31.12.07.....MTT RNS - $7.6m one-off write down of MTT UTL investment. 26.01.10.....MTT RNS - Begins ICSID arbitration with Uzbek government 09.12.11.....MTT RNS - MTT announce ICSID hearing to begin 23 Jan 12. 23.01.12.....ICSID case update - MTT v Uzbek hearing begins 28.01.12.....ICSID case update - MTT v Uzbek hearing ends 28.01.12.....ICSID case update - MTT v Uzbek hearing 10.02.12.....ICSID case update - MTT v Uzbek post hearing briefing 13.03.12.....ICSID case update - MTT v Uzbek production of documents |
Posted at 13/3/2012 11:30 by mudbath DEFFO battlebus,imo;just as I observed earlier when the share price fell to 10.5pence.That buyer(s) still wants to load up. Makes sense really if insiders know that an exit route is to be provided for residual PIs' at between say 17 and 26 pence.Might as well mop up from weak holders prior to any announcement. An RNS regarding a new 3 % holding should galvanise the share price even further. It could of course prove to be AR himself. Cannot see MTT remaining an AIM quoted independent outfit beyond the very short term. |
Posted at 12/3/2012 21:16 by mudbath On Oct 4th,AR put MTT "in play".Activity on the playing field has been muted due to the terms of the MOU. TNPV will by now have completed their DD. TNPV extend a hand to MTT and say,"Let's do the business"". MTT respond"Not so fast we have other interested parties". TNPV reply,"that cannot be my son,IF you complied with the terms of the MOU". MTT " we complied,yet could not prevent those other parties casting a covetous eye over MTT potential". TNPV,"OK here is a letter from our lawyer regarding the MOU terms". MTT,"Not worth the paper it is written on". (A memorandum of understanding (MoU) is a document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action. It is often used in cases where parties either do not imply a legal commitment or in situations where the parties cannot create a legally enforceable agreement. It is a more formal alternative to a gentlemen's agreement. In some cases depending on the exact wording, MoUs can have the binding power of a contract; as a matter of law, contracts do not need to be labeled as such to be legally binding. Whether or not a document constitutes a binding contract depends only on the presence or absence of well-defined legal elements in the text proper of the document (the so-called "four corners"). This can include express disclaimers of legal effect, or failure of the MoU to fulfill the elements required for a valid contract (such as lack of consideration in common law jurisdictions).) MTT issue an RNS. Good then that MTT have an in house lawyer. Nothing in the above imo to prevent the shares continuing to perform strongly. |
Posted at 12/3/2012 08:58 by mudbath Encouraging start to the trading week for MTT holders.IMO an opportunity,via the market,to sell at around 17pence should soon arrive. Those who exit in that region may well look on as the MTT share price continues to rise thereafter. Wish that I never deleted my ten bull points for this company from the header,as they remain very much in play. |
Posted at 26/10/2011 15:28 by mudbath True,true, unionhall,although I never intimated that the share price would not go lower.TNPV seem to concur with my view at least.I promise not to repeat myself should the MTT share price fall to 2pence! |
Posted at 01/8/2011 11:45 by mudbath lovaine and firth-You might well have both timed those purchases to perfection as the MTT share price(imo) is about to surge upwards.The figures for Metal-Tech's performance over the Jan-June trading period will have been collated and scrutinized.IF they are as robust as I am expecting,then buying interest will soon surely emerge. |
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