I also remember that twat Ben James, you don't mind if I call him that I hope, saying his biggest fear was a takeover around a Â£1.... All those RNSs we were suckered in with. To think I nearly took the trouble to go to the AGM. THE FAT BEARDED SHITHOUSE... Hope some Mozambique tribe put him in the pot.
Just thought I would have a little rant. I'm ok now.
Bit of marketing, as Bao is on its safe path to takeover bids, have a look at Oxus. S/p down from 4.9 to almost 3p and big news expected any day. Check oxs boards and the summary. Regards to All here. Btw. I followed Bao for a few years and expected rise back to 20-40, but.. big money won again.
oopied from other bb re takeover
Humbug12 6 Nov'14 - 08:28 - 9392 of 9392
I was speaking to a BAO investor in Mozambique last night and i mentioned BHR was a bit of a dog, he told me that there was "gathering interest from the neighbours next door" and to keep it on a watch list, explaining that the company he believed was getting its finances together then to put itself up for sale or Jv with a local.The company has possible iron ore deposits and other goodies besides coal and Mozambique is attracting worldwide investors.
If anyone could share this with the other forums such as II and LSE that this maybe of great help to them
JV or takeover - that's what's needed. Tough times for either scenario at the mo. High risk - high reward. Always was and always will be.
Any increase in Redbird's aggregate shareholding up to 50 per cent of the voting rights arising other than from the issue of the Conditional Placing Shares or the exercise of the Conditional Placing Options or Third Tranche Options will be subject to the provisions of Rule 9 of the Takeover Code.