||EPS - Basic
||Market Cap (m)
Atlantic Coal Share Discussion Threads
Showing 4501 to 4524 of 4525 messages
|In a word.............No|
|coal prices are soaring.....ATC is worth a lot. But will we see any of it?????
October 24 2016,
Coking coal prices have risen from $78 a tonne to $243 a tonne; the price of thermal coal is up 50 per cent|
|Could it be that if they intend to relist the crooks sell their shareholdings when private, reissue shares to the directors on relisting and atrum benefits by getting in cheaper than the listing price and gets to put seat on board and top of list when it comes to future discounted shares ( relistings ,placings etc)to retain % until ready to make firm bid. Everyones a winner, past and new shareholders shafted . Well that sort of thing ....|
|Well let's see on Wednesday. We had a real chance of a good return when there were other possible bidders.|
|I do not believe that us long suffering shareholders will get a bean from this managed fiasco. Atrum are only buying the three little piggies shares (26.68%) and not the whole company. The only reason they are only buying that many, is if they held over 30%, they would surely have to make a formal bid for the company in which case we would all benefit. This has been very "skilfully" managed in my opinion to shaft us once again. Hansel and Gretal and breadcrumbs springs to mind!!!|
|I suggest you have to remember that Atlantic acquired the Hazelton Shaft Corporation not long before Atrum appeared on the scene. Atrum has to do due diligence on the whole enlarged Company and it may be this which is delaying a formal final Acquisition offer. Be patient.|
|My point once again, and I will keep ranting about it, if the deal goes ahead and Atrum only buy the Directors shares, we are once again in a no win situation. All they have thought about is lining their own fat piggy wallets. No thought at all about bringing in other shareholders apart from the oinks they know. If the offer is open to all, I still stand by my pigs in the trough comment.|
|Barnetpeter, if you had checked you would have seen it very much has to do with the 26.68%!
Per Atrum's ASX announcement dated 3 August 2016: .........'' Key Acquisition Terms- The binding agreement for the Acquisition has been entered into with Stephen Best (the current CEO of ACG) and persons and entities connected with Stephen Best, including Mayford Equities Limited, Mary Best, Willoughby (465) Limited, Lucy Best, Helen Frankland, Penn Carb Inc and Mount Charles (Mayfair) Limited (together, the Vendors).
Subject to the satisfaction of various conditions to completion (set out below), Atrum will acquire a total of 1,042,017,264 ACG shares and 576,000,000 warrants that are convertible into a similar number of ACG shares. The exercise of the warrants would result in Atrum acquiring a total of 1,618,017,264 ACG shares (amounting to an interest of 26.68% of ACG's enlarged issued share capital). '' ...........|
|They are even shafting us from the other side of the Atlantic. Just how they can get away with this is just mind boggling.|
|"Steve Best, the CEO of ACG, and persons connected with him have entered into an
agreement with Atrum Coal NL to sell their shares in the Company subject to certain
that has nothing to do with the 26.68 per cent.|
|Barnetpeter, you are wrong regarding the board having sold their shares!!! You should read announcements that are made!!! As per the last issued by Atrum, on 17 October: ..... ''Atrum has not yet completed the acquisition of the 26.68% interest in ACG announced to the market on 4 August 2016 (“Acquisition of Shares in Atlantic Carbon Group PLC”). This acquisition will not complete until the due diligence on ACG has been completed to Atrum’s satisfaction.''|
|all bets are off now. I doubt any offer and more dilution likely via a bargain "investment". It seems the Board has mostly sold their shares but I doubt a similar deal will not be offered to PI's.|
|Atlantic Carbon Twitter
Atrum DD continues.
Live Micro looking at direct investment
One, both or neither could happen|
|Offer extended to next Wednesday 25th October|
|With the pigs we have in charge, nothing would surprise me. They have been shafting us for years and laughing behind our backs. Oink oink.|
|Sure.... as long as we are not in a position where both companies decide not to make an offer..|
|I dont know why apprehensive? We should find out tomorrow where we are....better than being delisted. I think we must get the same as the director as a minimum.....much better than the final price esp with sterling being so weak. Lets hope the offer is all cash.|
|Fair enough Big7ime yes that is what the RNS said. I'm just relaying the email. I too am somewhat apprehensive about this take over but I guess we just have to sit and wait. Presumably atrum will disclose Thursday evening early hours Friday due to time difference.|
|It's like watching Grannies getting mugged in the street............|
|From Royal Energy:
Following due diligence on the limited information made available by Atlantic, Royal has determined that there is insufficient engagement regarding a potential oFfer|
|Oink oink where's my truffle?|
|Are any of them?|
|Ah, ok that sounds better, depends what you read, is this Barney fella reliable?|
I actually received an email from Barney that said the following..
"ACG has placed a large amount of information in three identical data rooms for the three prospective bidders and ALL requests for further information have been promptly answered with any additional information uploaded to all three data rooms. No requests for additional information were received from Royal Energy."|