Nautilus Minerals Share Discussion Threads

[gerhart] 18/1/2013 21:16

What do you mean Mak? Who is all in it?

[makday] 18/1/2013 15:37

No smoke without fire....still reckon there wil;l be a bid!!! They're all in it! Just watch this space!!!!

[nash81] 16/1/2013 20:53

I must admit, myself losing faith in NUS - long term is great but after the latest press




make me wonder this guy just playing with it, no commitment for takeover etc etc.

as such, i am putting whatever i have left in NUS in my bottom drawer.

[zangdook] 15/1/2013 22:19

Which RNS is that, nash? The one saying we still haven't heard from this nutter? Oh no, that one was yesterday.

[doji star] 15/1/2013 22:19

Open Letter to the Board of Directors of Nautilus Minerals

[nash81] 15/1/2013 16:56

actually he already own some shares, and if he start hovering up from market, he will need to declare once he got 3% or maybe 5%.

so, will be faster for him to buy by buying at premium as per his tender offer, well, if he is genuinely serious anyway.

RNS should be by end of the week

[rapier686] 15/1/2013 16:05

Never mind Mr Market, if Mr Bailey wants (and can pay for) any and all shares he can get at $1.10, why isn't he hoovering up all those available cheaper?

[slong] 15/1/2013 15:32

Nothing to worry about!

Ask yourself why there is no volume, why the share price is 35p not closer to the 69p "offer", Mr Market doesnt believe it will happen, take the rose tinteds off and take a balanced view at all of the media coverage, then ask yourself is it worth the risk?

[nash81] 15/1/2013 15:21

so quiet today, i guess all now waiting for news.
small volume today, so down abit but nothing to worry about i guess

[mikail4] 14/1/2013 21:00

true, MB already appointed another law firm which is equally reputable:

read here

[lorn4] 14/1/2013 20:59

Bailey's first takeover announcement said law firm Fasken Martineau would represent him in the transaction, which the firm subsequently denied.

The Bailey-affiliated Gannibal Securities since clarified that Fasken was no longer representing Bailey in the transaction due to conflicts of interest with current board members of Nautilus.

[slong] 14/1/2013 16:08

gerhart

look at the mineweb article in post 718

[nash81] 14/1/2013 12:50

Nautilus takeover credibility is up

[gerhart] 14/1/2013 12:43

Thanks Nash.

slong, where did you see this info Re lawyer and Co that say they don't him? Can you post a link? thanks

[slong] 14/1/2013 12:27

Wow, just researched this Bailey chap, not exactly the most reliable bidder, pulled out of a previous deal, claims to have a lawyer who doesnt know of him, claims to have spoken with the company, who have denied this.

I will keep my powder dry on this one for the time being.

[waldron] 14/1/2013 11:34

if the offer is made, who is officially certified/authorised
to accept/buy shares at the offer price

perhaps this is really aimed at the majority shareholders

[nash81] 14/1/2013 11:23

agree. NUS RNS is about full takeover but MB already changed that to tender offer ANY /ALL. which means, yes, he will be legally bound to buy even if BOD recommeding dont sell.

-------

gerhart 14 Jan'13 - 10:17 - 808 of 809 0 0

So what does RNS tell us (apart from what it actually says!)

The whole thing is very odd. Anyone know for sure if he is now legally bound to buy shares at 1.10 - even though there as yet has been no formal bid? Thanks G.

[makday] 14/1/2013 10:26

What a waste of a RNS...I reckon we will see more news prior to the TSX opening up this afternoon. This is another opportunity to load up!!!!

[gerhart] 14/1/2013 10:17

So what does RNS tell us (apart from what it actually says!)

The whole thing is very odd. Anyone know for sure if he is now legally bound to buy shares at 1.10 - even though there as yet has been no formal bid? Thanks G.

[grupo guitarlumber] 14/1/2013 08:53

If it goes up too fast,it will get the Bends

Perhaps the predator has yet to enter the market

and other players are unable buy or don't wish to sell

i think NUS should make a statement as to the full years financials
and give a long term outlook

[waldron] 14/1/2013 08:42

I HAD EXPECTED A JUMP

[makday] 14/1/2013 08:37

Good start to Monday morning.