We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Consol.Minerals | LSE:CNM | London | Ordinary Share | AU000000CSM6 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 206.00 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
29/6/2007 11:39 | By following the link Sammu provided above you will discover a further announcement from CNM that they have declined the request from Territory. They cite as the main reason that a placing in April to Territory's main shareholder was at 50c per share and thus cast doubt on the long term valuation of the shares. What a cloudy situation. It is hard to believe that we are anywhere near the endgame yet but noticeable that CNM's shares have not risen to a point close to the value attributed by Territory. Hanging in for now but watching closely. MH | midherts | |
28/6/2007 23:02 | Well I bought a bit more this afternoon. Initially I hadn't realised that Territory was headed by Michael Kiernan, or that the bid was backed by a major shareholder. The Territory RNS is more informative than the CNM one, which was posted above. I'm struggling to cut and paste a direct link, you can get it from the asx website: or TTY's website: www.territoryiron.co The price of TTY's shares have run up a lot in the last six months (as have a lot of the small iron ore producers) but this makes me somewhat cautious about the value of the paper proportion of the offer. Being a full takeover, as shareholders I think we would retain more exposure to the upside of CNM's future(that the Pallinghurst deal), somewhat diluted, but with iron ore added in. Sam | sammu | |
28/6/2007 09:03 | Latest update from CNM?: 'We have received an offer of A$5 a share from Fairvalue Resources. The offer was made on writing paper of modest quality. Although nominally substantially in excess of Pallsofus' excellent and worthy offer, we would like to point out that in our opinion the board of Fairvalue Resources have bad haircuts and holiday in unfashionable resorts. In addition we cannot guarantee the A$'s future level in world currency markets. We continue to recommend the Pallsofus offer.' | paxman | |
28/6/2007 07:57 | I find it pathetic that the current management want to sell. Booming commodities, and they want to sell at any price. However, they have clearly lost confidence so as long as they get a decent price, it's the best we can expect. | dcomd99 | |
28/6/2007 07:52 | We need to get it up to £1.75 for we even start taking this whole thing seriosly. What are the serios chances of Parkinhurst not getting CNM? I wonder what the big city institutions are saying about all this? hopefully they will also be voting a resounding NO to Parkinhurst. Im glad a rival offer has at last emerged... but is it serios enough offer? | leadersoffice | |
28/6/2007 07:19 | Anybody know the price of Territory's shares. Have been holding for some time and expected more interest in CNM. Take out not less than £1.50 ?? | shampers | |
28/6/2007 01:16 | Hope you don't mind Mattybuoy - have x posted to TMF | d000dler | |
28/6/2007 01:07 | Sorry folks this just stinks of CNM trying to force through a proposal which suits them and not the shareholders. RNS released on 27th stating no alt offers/talks in place then post 1204/ASX RNS contradicts completely on 28th. There's something fishy in Denmark ... or should that be Aus? BTW £1.55/£3.70aus is still too low IMHO. | d000dler | |
28/6/2007 00:52 | Counter-offer from Territory Minerals (ASX:TTY): It works out at roughly A$3.70 a share (I think - it's late ...). | mattybuoy | |
27/6/2007 20:34 | In my book the answer is still NO and it shows Pallinghurst know they are going to lose out, all we do now is hold out for another increased offer. | nickgrant2 | |
27/6/2007 20:33 | CNM issued this response to the ASX on 17th Oct 2006 after its price had risen from 67p on 9/10 to 98 on 17/10. It shows that there could be plenty going on and they are just not saying too much. We refer to your facsimile of 17 October 2006 noting a change in price and volume traded of the Company's securities. In response to your queries, we advise as follows: 1. Is the Company aware of any information concerning it that has not been announced which, if known, could be an explanation for recent trading in the securities of the Company? Consolidated Minerals notes recent press speculation about potential transactions involving the Company. The Company has a policy of not responding to market speculation and rumour. Like many companies in the resources sector, Consolidated Minerals has received approaches from time to time relating to possible transactions. We have received an approach from a third party to enter into discussions on a confidential basis regarding a possible transaction, however no discussions of substance have taken place. As such, the approach is preliminary, incomplete, conditional and confidential. 2. If the answer to question 1 is yes, can an announcement be made immediately? If not, why not and when is it expected that an announcement will be made? An announcement will be made, in accordance with the listing rules, if and when a transaction is sufficiently definite to warrant disclosure. 3. Is there any other explanation that the Company may have for the price change and increase in volume in the securities of the Company? The Company has recently conducted presentations to investors and analysts (copies of which have been released to ASX) outlining its growth strategy and indicating its status as a nickel producer, in addition to its existing manganese and chromite businesses. The share price change and increase in volume may be attributable to the recent strong growth in nickel prices (24% over the last month), combined with a possible re-rating of the Company to reflect its nickel production. We note that a number of other nickel producing companies have experienced similar recent share price movements. | nickgrant2 | |
27/6/2007 19:54 | OK - just seen the announcement today by Consolidated that declares the media speculation about a counter-bid or takeover is wrong and that they are not in discussions r been approached by anyone else. But presumably that could still happen beore 19th July, Yes ? Shareaware. | shareaware | |
27/6/2007 16:48 | I understood that there was going to be a counter bid from the Noble consortium that was taking some time to put together. However, this could have been a ploy to force Pallinghurst to increase their offer. | sandpipers | |
27/6/2007 13:34 | Profit taking today reverses recent gains ? The directors keep saying in the absence of a better offer recommend this one - is that an excuse or an invitation for others to better it perhaps ? Surely if their is unlocked value to be had, others will make a counter-offer - then we should see some movement on price, perhaps to 150p a share. Or it languishes around the 120p mark and drifts towards Pallinghurst. Anyone else care to speculate? Shareaware. | shareaware | |
27/6/2007 10:30 | Yes, my profits available for sharing... a round in the bar :-)! | sogoesit | |
26/6/2007 18:24 | Nice to see today's London market close up 6% on the revised offer. Looks like Pallinghurts are going to have to do better than AUD 2.82 (of which 40% is paper) if they want to deliver a knockout blow. Certainly a few more twists and turns to come in this story, IMO | alioshka | |
26/6/2007 14:39 | The Stealth Bull Market in Manganese Concerns over High Nickel Prices Send Manganese Prices Skyward | sharpshare | |
26/6/2007 09:32 | Try this link LO - useful to have bookmarked. | d000dler | |
26/6/2007 09:22 | Sorry for asking this... the revised offer... what does that amount to in sterling? | leadersoffice | |
26/6/2007 07:28 | Sogoesit, Should we share your profits? | sandpipers | |
25/6/2007 17:54 | Ok... we will keep the furniture. But the board must go if this deal is thrown out. | leadersoffice | |
25/6/2007 14:36 | Sogoesit, Everyone must make their own decisions. I'm holding after buying more last week. | sandpipers |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions