Asia Resource Share Discussion Threads

[kenmitch] 23/4/2015 18:52

Not guessing. If the market thought a bid was likely at 41p the share price would be a bit below that.The market could be wrong but in bid situations is often a good guide. The tone of your post 327 means it is probably not worth bothering to reply to you again.

[alexios1201] 23/4/2015 18:28

There is no bid

[makday] 23/4/2015 18:17

Like you said other day....you have not got a bloody clue....so stop guessing!

[kenmitch] 23/4/2015 17:08

More likely news has leaked that there is not going to be a bid at 41p.

[makday] 23/4/2015 16:40

Well we will see tomorrow morning.....stop losses being triggered in the absence of any news. I will buy more tomorrow morning!

[naughtynicky72] 23/4/2015 16:39

23% Down , I think that the games have just started !

[lw425] 23/4/2015 16:12

as the *possible* offer was 41p you couldn't expect the share price to stay at 37p. the risk/reward poor at that price. say 27p/28p is fair. if no offer then perhaps 18p so that's why 27p/28p is reasonable

[naughtynicky72] 23/4/2015 15:51

7.8% DOWN Whats Going On Here Then !

[makday] 22/4/2015 09:55

Onwards and upwards....looks like a deal at 50p+!

[flyfisher] 21/4/2015 19:38

Article from the ft.

[makday] 21/4/2015 19:20

LW425, you are so lame! Accept your profit and stop deramping!!!

[lw425] 21/4/2015 18:59

One short term possible outcome is a return to high 20's. Logic is that now GM postponed there is no immediate urgency to offer from either side. Both parties have two or three weeks to make an offer or walk away (can't be bothered to check exact dates)

Therefore perhaps 37p is a little too high/close to 41p right now as we've not actually had an offer. Risk/reward now neutral?

Anyway, took a two day 28% profit.

GLA

[2jinxed] 21/4/2015 18:54

I do not wish to be ''thought frivolous'' but is it not possible that Rothschild will now bid more than 41p? If so, I do not know what level would suit but it has to be at a level which causes the others to back off. 45p? 47p?


Simon, thought frivolous? Given your size! Of information! I doubt it very much.

Do give my regards to John and crowd!! No justice, in this wicked, evil world, especially to do with money. As ever 2J

[kenmitch] 21/4/2015 16:58

Still don't know what to make of it all. At best the two sides trying to outbid each other. Then, yes, perhaps 50p for the knockout? Postponement of the meeting suggests it is indeed a serious bid and that both sides are now talking to each other.

But what happens if the new bidder just walks away? Are we then back to Rothschild's 25p open offer? And what if both sides walk away? The share price today suggests the bid at 41p has a good chance of succeeding. At worst ARMS could still go bust.

All the comment here is like mine.. i.e no idea really what is going on now. Wish we knew!

[makday] 21/4/2015 15:06

50p is a tidy sum!

[naughtynicky72] 21/4/2015 14:47

What is a full and fair offer for ARMS shares ? as you say some payed 10 pounds a share and more , 2 different partys are interested so let them pay a full and fair offer to the share holders lets remember that there have very deep pockets ! Good luck all you longs ! Naughty .

[stuart14] 21/4/2015 14:37

Won't be £10 per share which is what he originally funded it at- that is for sure!

[tomboyb] 21/4/2015 14:25

Looks like it wants to go all the way - Whatever that is

[makday] 21/4/2015 12:13

Who knows, they may back off!

This is a very murky world!

[simon cawkwell] 21/4/2015 12:01

Gentlemen,

I do not wish to be thought frivolous but is it not possible that Rothschild will now bid more than 41p? If so, I do not know what level would suit but it has to be at a level which causes the others to back off. 45p? 47p?

SC

[mayookhp] 21/4/2015 08:25

Russian Oligarth? Makes sense that largest coal producer wants Arms...let see what the offer is..GLA

[domple] 21/4/2015 07:48

thank you makday....was giving my opinion (not advice).

[makday] 20/4/2015 15:29

It is very risky like kenmitch says.......domple you are not in a position to give advice!