Ft Tre Discussion Threads

[brownmruk] 21/6/2013 08:26

Everyone still recovering from yesterday's massacre.

[pilkersa] 21/6/2013 08:08

That's a phenomenal rns. Market doesn't seem to have woken up to it yet.

[azalea] 18/6/2013 14:28

TRE and AURR are similarly priced and discounted to NAV, yet TRE has one third of AURR shares in issue. Before long TRE will start winding up the company and giving bucket loads of cash to shareholders. That is why Weiss Asset Management-26.07%, and VR Global Partners-13.05% along with Praxient Capital-14.02%, added millions of shares in April and May, 2013.

[norbert colon] 14/6/2013 19:24

i notice the price of carbon has been strong since mid April - be nice to see a break of the downward trend that has been in place for the last 2 years....

[grahamg8] 07/6/2013 07:22

It's a fair bet as the company year ends on 30 June. So a preclose statement would be a reasonable expectation. News of i) ending of CER exposure, ii) portfolio update, iii) cash update; and hopefully return timetable.

[azalea] 06/6/2013 13:52

If Simon Thompson is right(and he is rarely wrong)we should get news of cash being returned to shareholders this month.

[jezza123] 03/6/2013 11:26

so when's this news coming then....

[azalea] 21/5/2013 07:17

they are buying ahead of another payment to shareholders, which if my memory serves me right S.Thompson said should take place in June. One thing is for sure they have not bought 3m for the hell of it. Major holders are now holding a litle over 84% of shares in issue-249,809,790. All part of the process of winding up the company and returning the cash to shareholders. Sp currently at a discount of circa 44%.

[jezza123] 20/5/2013 17:50

hey azalea - well spotted - what you reckon they are up to?

[azalea] 20/5/2013 14:54

VR Global Partners add 3.35m today, totalling 32,601,721(13.05%). Since 9/4/13 added just under 16m shares.

[praipus] 16/5/2013 09:23

Anyone here into LCA too:)

[jezza123] 13/5/2013 16:00

forgot my meds...

[edwardt] 13/5/2013 14:12

you feeling alright?

[jezza123] 13/5/2013 13:43

it's oh so quiet.... shhh shhh it's oh so still.... shhh shhh... you're all alone... shhh shhh... and so peaceful until...

[azalea] 08/5/2013 10:23

VR Global adds 2m 2/5, Praxient Capital adds 2.2m 6/5. looking for a significant return of cash by June. Major holders total circa 81%.

[grahamg8] 23/4/2013 11:00

Recent rise levelling off. 29-30p looks realistic. I've just been quoted 29.79 to buy and 29.05 to sell a 10,000 share lot. More news needed to go onward and upward?

[jezza123] 19/4/2013 12:12

you are right there is definitely a large movement of blocks of shares.... we wait with baited breath

[grahamg8] 19/4/2013 07:27

Something big in the wind. 11m shares traded in just 44 minutes on 16 April. That's 4.4% of the total shares in issue. Big shareholders in control of majority of shares: Laxey 4.32%, VR Global 8.5%, Moore Macro Fund 11.61%, Weiss/Brookdale 26.07%. I'm excluding Praxient/Blackwell because they don't own the shares but have voting rights (13.16% which might double count the above). Any news could result in some dramatic price swings.

[grahamg8] 11/4/2013 16:38

Looks like it was a blunder. Let's hope they can get the important things right, like the cash back for instance, CER wind up prices, investment portfolio sale receipts. I get a bit nervous when a company can't do the simple things properly - like proof read an RNS.

[jezza123] 11/4/2013 10:47

think your answer is in this morning's RNS - it's lovely and quiet over here, I always see that as a good sign...

[b1llyboy] 11/4/2013 00:07

G8.............Holding RNS'sss can be be interlaced,usually coming in clusters with unfathomable reasoning.
Normally attributed to transference of proxy,non-proxy voting rights.

There are codes of practice regarding voting rights,unattached to stock purchase or transference.

A veritable hidden dagger,twixt II and PI,not to be skipped past lightly.

Always wise to back track and bring up the bigger picture with holding RNS'ssss.

[grahamg8] 10/4/2013 20:43

Can anyone fathom how VR Global Partners increased holding of 21.24m shares represents 8.5% voting rights on one line of the release and then 1.42% on the next line?

[jezza123] 09/4/2013 14:14

?? wrong place you dummy.

[lucky_punter] 09/4/2013 14:09

Tantalus Rare Earths confirms massive scale of Madagascar project


Tantalus also confirmed that analysis material shows that 19% of the REOs are in the 'heavy' category
Tantalus Rare Earths (XETRA:TRE) has revealed a new resource estimate for the TRE project in Madagascar which has confirmed its massive scale.

[azalea] 09/4/2013 08:05

4/4.Credit Suisse Client Nominees UK Ltd, reduces its stake by 4m shares to 10,794,498. 4.32%