Baobab Resources Share Discussion Threads

[al h] 27/2/2015 09:09

True, never invest, especially on AIM but also main markets to a large extent ... just trade instead, play it in the moment. Investing is a mugs game, you might get lucky but odds on you won't.

[davethechef] 27/2/2015 09:07

seanwauny,

Thank you, I wasn't aware Amedeo Resources was a stakeholder in Baobab Resources.

[seanywauny] 27/2/2015 09:05

Soon to be followed by AMI.Never invest in Africa, especially on AIM.

[topicel] 27/2/2015 09:03

Buying more Peetle? And you think you'll be able to? Read the RNS, Redbird will be hoovering up what is coming onto the market from this morning and as long as they don't buy above the offer price, that'll be that.

As to other offers, the 'independent' directors have pledged to support Redbird no matter what other offer comes up, so no-one will do something that is futile, like offer a decent price for the assets. They too would need to buy on the open market and again it is all 'shutdown' in bulk.

A nice idea though!

Topicel

[nash81] 27/2/2015 08:56

looks like one by one iron ore and coal companies are either bankrup or delisted, BHR, BZM, LOND and now BAO !

platinum is slowly recovering and great for investment in companies at bargain price. check JLP!

another one to watch for rerating is ROSE as they found oil already. broker target double digit

[charliemike] 27/2/2015 08:55

All the lies over the years . The man is a total disgrace . It's funny I rumbled him years ago . I feel sorry for the ordinary investor .

[cashstrapped] 27/2/2015 08:53

I told you Max was a bot!

[seanywauny] 27/2/2015 08:46

Majority stakeholder who'll most likely be happy to get most of their money back.Something sure stinks though!

[davethechef] 27/2/2015 08:38

Seanywauny,

What's AMED's connection? TIA

[bigwod] 27/2/2015 08:35

So those who hold shares through barclays and other online brokers will they write to us or how do we get our few crumbs back.


Totally shafted by the board. They would of known the outcome at the AGM.

[peetle] 27/2/2015 08:35

Well, if ever there was a time to average down. Think I'll wait a bit but buying more to reduce my overall loss has a certain appeal at the moment. Another offer emerging? I don't think so. It all sounds like Redbird's plan B if the shares didn't take off.

[seanywauny] 27/2/2015 08:35

That is horrendous.What's Tuckmans verdict on this?AMED might agree to it as well.

[solonic] 27/2/2015 08:30

The party's ended but the melody lingers on.

The poop has finished but the stink remains.

[topicel] 27/2/2015 08:28

Told you lot Max was a wind-up merchant. Everyone who 'sided' with him were simple or in cahoots...

Why didn't you buy at 4p when I told you kb? a quick return was promised....

Good luck all. I can't see any bidding war as once Redbird arrived it was always gonna be there way or the highway. Shut down in comma from the BOD said it too. So much for moving to Moz, eh BJ?

Topicel

[zulu88] 27/2/2015 08:26

It is possible that Redbird will be able to pick up BAO for 6p per share.

Based on the feedback I've received this morning, I think it is more likely that a higher counter offer will be made.

No-one is getting my BAO shares for less than 6p, and I'm expecting quite a lot more for them (although not as much as I'd originally hoped).

GLA

[jotoha2] 27/2/2015 08:15

People selling now are should stick to Bingo , MM will gladly take whatever is available at 5p , nice turn for them.

[kbrook] 27/2/2015 08:10

It would be typical BAO to end up red!

[kbrook] 27/2/2015 08:09

Some panic selling going on, selling at 5p seems odd