Bullion Res Share Discussion Threads

[macca28] 23/2/2005 19:57

so leaks or no leaks rumours still fly around

[macca28] 23/2/2005 19:55

topvest

Online marketing firm dealgroupmedia was expected to be confirmed as the company buying up rival IBNet as NMA went to press.

IBNet, the parent company of Webgravity, had its shares suspended from trading on AIM late last month after admitting that it was in takeover talks.

The firm issued, a statement saying that it had been approached by a company and was at an advanced stage of acquisition talks. The deal would count as a reverse takeover under stock market rules.



Since then there have been widespread rumours within the marketing industry that it is Deal Group it's negotiating with. Deal Group did not respond to calls asking to comment.

[macca28] 22/2/2005 22:47

topvest

lots of companies divulge who they are in talks with
millfield-inter-alliance,for one
you hear rumours every day about take-overs
zyzygy-aim,i can find you a list a mile long,
but maybe you are right on reverse takeovers,
as the other companies, bullion were in discussions
with were not mentioned either,
maybe its just mergers and bids,
you learn something every day,

[topvest] 22/2/2005 21:49

macca 28 - do you really think people post deals on the web before they are finalised? It's a leak if they do!

[macca28] 22/2/2005 12:55

i had no secret,i have scoured the net trying
to find out who bullion are in talks with,
no success i am afraid, they are very good at keeping
secrets,just like the one before there near disaster,

[topvest] 22/2/2005 07:43

macca 28 - lol!

[wassapper] 22/2/2005 07:01

Well this has been a pretty useful exchange. We are all none the wiser. A stunning achievement. I've got a secret too. But I'm not telling anyone. Carry on ...

[macca28] 22/2/2005 01:14

but i do know for a fact golden prospect(gol)
will have had a big say in all there decision making
as they were the company who saved them from complete
disaster and one of there directors is also on the
bullion board
but stevea you know all that

[macca28] 21/2/2005 23:29

no hits i`m afraid

[topvest] 21/2/2005 21:52

macca28 - sure. do tell!

[stevea171] 21/2/2005 19:25

Go on then ..... spit it out! :-)

[macca28] 21/2/2005 14:30

any body been hunting the net to find out who blo
are in talks with, i have!

[greenspamster] 18/2/2005 09:10

Should at least double or triple from here if the acquired larger company has any good prospects. Resources stocks are on fire at the moment and it would be in everyones interest to get this reverse takeover done before any air comes out of the current bubble.

[stevea171] 17/2/2005 09:33

16/2/05. There Will Be Tears Before Bedtime If The London Stock Exchange Does Not Act Swiftly On AIM Cash Shells:



BLO 122p next week?!!!!!!!!!!!!!!

[greenspamster] 16/2/2005 09:50

Regulators require it to be suspended if it rises over a certain amout prior to a document that will be sent to all shareholders informing them of the details of the deal. If the shares issued to take over the company are locked in for a year then this with its limited free float already will do well.

[archangel gabriel] 16/2/2005 08:53

Can't see any reason why the company should have asked for trading to be suspended.

[macca28] 15/2/2005 23:04

ok stevea got that,
also the shares in issue,look a lot healthier
than a lot of small companies i have seen,

[stevea171] 15/2/2005 22:46

Macca .......... BLO current position:

Shares in issue: 77.8m
Market price: 6.25p
Market Cap: £4.86m
NAV at 30/9/04: 2.5p/share, (possibly plus up to Rand 5m.)
Assets: £1.95m min, (plus possibly up to £0.44m)

I imagine the two sides will agree a price for the unlisted business and BLO will issue new shares to pay for the acquisition (some of which may be deferred or conditional). There is no point using any of BLO's cash in payment as that is one of the attractions for the company being considered as the prospective acquisition.

[macca28] 15/2/2005 22:28

stevea,

what if the other company is not listed,
how does it work with the shares,
or any more info on the shares we hold

[stevea171] 15/2/2005 21:33

Greenspamster. A reverse takeover means that BLO is the smaller entity and the other party is the larger, in terms of assets. The combined operation will retain BLO's listing, but may have a name change, particularly if the business is nothing to do with gold ...... eg oil as was the expectation late last year.

[macca28] 15/2/2005 21:05

i have been stuck with bullion for more than 2 years,
hope this makes it worthwile i need 8p to break even

[macca28] 15/2/2005 21:00

the hike in the price should give them,the little bit more leverage
they need to help seal deal,

[macca28] 15/2/2005 20:56

here is anther report on the web,

Bullion Resources was a big gainer before trading on Aim was suspended at lunchtime, with the shares frozen at 6.25p a 1.75p increase on Monday's close after the group confirmed it is close to a reverse takeover.

[macca28] 15/2/2005 20:47

when talks get to an advanced stage,as they claim,
possibility,becomes more of a probability,