Baobab Resources Share Discussion Threads

[invest ted] 13/4/2015 19:58

I've got about £900 in a SIPP which I'm considering keeping in the delisted company. It's money I wouldn't see for years anyway.

[peetle] 10/4/2015 16:24

Accepted. I'll be more relaxed when I get the money, but that is it. Anyone holding on?

[tr4der1] 10/4/2015 16:10

What's happening here? All accepted the 6p offer? Jumped ship? Bods robbed us all.

[29palms] 07/4/2015 23:30

Late 2012: Company announces that they would become the world's single largest Pig Iron producer.
Early 2015: Company taken out for £20.5m

Just sums up the "Wild West" that is AIM Market.

Nuff said IMO

[29palms] 07/4/2015 23:29

Late 2012: Company announces that they would become the world's single largest Pig Iron producer.
Early 2015: Company taken out for £20.5m

Just sums up the "Wild West" that is AIM Market.

Nuff said IMO

[emtrad] 05/4/2015 15:37

I have accepted the offer. Been told by my broker I should, assuming a formality, receive the money in 3 to 4 weeks. My last post here so best of luck all. Stick to passive investing for me, too much like gambling on AIM. Bye!

[topicel] 05/4/2015 13:54

Same here since 2nd April when Barclays belatedly pulled their finger out.

What are you gonna do with your losses kb?! I'm tempted to join another foolish scam (sorry, stock), just to see if I can rebuild the missing thousands Redbird have 'acquired' from me. I mean, have you read how they were all taking slices of the action since 2012 in the offer doc notes? Obviously many knew what was afoot whilst we could only guess.

The same mob who ran this story back in 2008/9 are still pushing Kefi and maintain it will be a winner...fool me once and all that? Hell, it's only money.

Topicel

[kbrook] 05/4/2015 12:05

No forms to complete for me just an email from broker then an email back with my instructions.

[tr4der1] 04/4/2015 11:21

Anyone jumping ship?

[6kenny] 03/4/2015 21:12

cheers guys... have u completed the forms and surrendered your shares for 6p?

[pete_bain] 03/4/2015 00:57

Peetle. I understand you can do it via your online account. Will decide next week when I get a moment to spare.

[qipincha] 02/4/2015 14:19

50% is very easy for them

[katylied] 02/4/2015 13:03

Latest RNS says target is now 50%+ (though Moz Gov approval still needed to go unconditional). Moot point as to whether Redbird could yet walk away, but (1) 50% is easier than the previous target, and (2) the time-frame can always be extended...

[6kenny] 02/4/2015 12:01

Urgent

If Redbird don't reach 75% then do BAO go bust and shareholders LOSE everything so therefore better to sell in the open market?

[andrbea] 02/4/2015 11:14

yes, sick feeling saying yes. So much for directors building shareholder value. Just as trustworthy as politicians.

[peetle] 02/4/2015 09:02

It's there on the Corporate Actions page as a Takeover (unconfirmed). We have two options - ignore it, which is the default, or accept it. There doesn't seem to be an option for leaving some shares - I've had to write a number or put "All" in the past. They want their answer by the 13th.

At least it means we start the new tax year with a loss.

[solonic] 02/4/2015 08:26

I told you so. But you wouldn't listen.

[peetle] 02/4/2015 08:10

I'll let you know, Pete. Post comes any time here, but eagerly anticipated now.

[pete_bain] 02/4/2015 07:31

Peetle. Barclays have (supposedly) sent out offer papers yesterday. You received yours yet?

[tr4der1] 31/3/2015 16:26

Yeah we have been mugged without a gun being held. Something brewing over at kibo. Check out the trades

[soggy] 31/3/2015 16:21

My corporate action note was there in TDW - I've just accepted.

I feel dirty...like i've just been mugged.