Individual Rest Share Discussion Threads

[bradley13] 03/5/2011 14:19

This offer is daylight robbery. The directors have waited untilthe shares are
at their lowest level to make their opportunist bid, which grossly undervalues
the company. They have then the cheek to suggest that we may be able to become
shareholders in a private company. If we cannot trust the directors to9 look
after the small shareholders in a public company, what chance do we have in a
private company. This is capitalism at its worst.
I am customer at both the Manchester restaurants but never again..
Is there no White Knight out there to see fairplay. If that does not happen
refuse to accept the offer until they pay a fair price.
As a further thought what do the Chairman and independent directors feel about
the position.

[foxman14] 21/4/2011 08:25

The usual PI ripoff. Luckily I bought in a 9.25p so should just about break even! Anybody else holding?

[bradley13] 04/1/2011 12:58

has anybody any update on IRC. Turnover in the market and interest is very low.
All seems to have gone very quiet after the arrival of the 20% holder.

[shortarm] 22/9/2010 17:37

Woof woof, what a dog!

Steve Walker lives in Alderley Edge - which is posh and takes some cash to keep up with the Jones's (Peter in fact!).

[dealit] 18/4/2010 08:48

Results out tomorrow 19th Director bought heavy in Feb also trading statement very positive indeed, I cannot understand why no buying pre-results from investors.

[empirestate] 16/2/2010 04:37

looks like a clean breakout now and about time to, would like to see 20p near term

[shortarm] 22/1/2010 09:02

Eh? Somebody set the alarm, need these to wake up soon.........

[shortarm] 12/8/2009 08:50

More movment upwards please!

[energyi] 27/7/2009 09:09

International Royalty closes on C$7.5 million over-allotment option




NYSE-A: ROY TSX: IRC

DENVER, CO, July 24 /PRNewswire-FirstCall/ -- International Royalty Corporation (NYSE-A: ROY, TSX: IRC) ("IRC") is pleased to announce that it closed today on the full over-allotment option (the "Option") associated with IRC's recent bought-deal financing (the "Offering"). The Option of 2,115,000 shares was fully subscribed at a price of C$3.55 per share for gross proceeds of C$7,508,250. Closing of the Option brings total gross proceeds from the Offering to C$57,563,250, and net proceeds to approximately C$54.1 million. IRC's total common shares outstanding after the issue are 94,695,356 shares.

The Common Shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended, or the securities laws of any state, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons without registration unless an exemption from registration is available. This news release does not constitute an offer for sale of securities in the United States.

International Royalty Corporation

International Royalty Corporation (IRC) is a global mineral royalty company. IRC holds more than 85 royalties including an effective 2.7% NSR on the Voisey's Bay mine, a sliding-scale NSR on the Pascua gold project in Chile, a 1.5% NSR on the Las Cruces copper project in Spain and a 1.5% NSR on approximately 3.0 million acres of gold lands in Western Australia. IRC is senior listed on the Toronto Stock Exchange (TSX: IRC) as well as the NYSE - Amex (NYSE-A: ROY).

[ialwayswinatmonopoly] 09/7/2009 10:11

Ha Ha Ha!!!!!

"The reduced indebtedness will leave the Company better placed to capitalise on new site opportunities and put the Company in a stronger position to prosper and take advantage of opportunities as they arise"

- What a load of old shoe shine!

How will raising cash to pay off debt (and thus diluting shareholder value) 'leave the company better placed to capitalise on new sites'?

Q) If they need to develop new sites then they need cash. If they issue shares and raise cash and then pay off debt, then what are we going to do when a new potential site comes up? -

A) Go back to the bank and borrow money (plus arrangement fees and procurement costs/time etc).

This is all the biggest load of bull s#it I have read on the stock exchange for a while.

Q) When are the directors going to do something that will truely add shareholder value? - How about using profits to buy back shares? Reduce number of shares and increase shareholder value - SIMPLES!

[shortarm] 28/5/2009 17:27

I bought some yesterday, can somebody else buy some and make the price go up???

[ialwayswinatmonopoly] 30/4/2009 11:36

I wouldn't get too excited.

This share is so illiquid that the slightest purchase will make the shareprice quiver.

Company is still doing exactly what it says on the tin!

They are not really attracting attention so I suppose in the currently climate this will just bob along.

[croation] 22/4/2009 13:24

What's going on today?

Anyone out there?

[ialwayswinatmonopoly] 18/12/2008 09:06

With the mkt cap at just over £8M surely Steve Walker can get his hand down the backof the sofa and raise enough money to completely take this over. Although I don't think that is the objective of the board. They'd like to get shut of their shares (at a profit) as much as anyone.

£8m though - that's cheap

[ialwayswinatmonopoly] 28/11/2008 17:46

This will have to and probably will get much lower before the board of directors consider a delisting. The market cap value is about right at the moment compared to its competitors. The company is not under performing but not exactly doing anything special either.

There would be no advantage is anyone staging a take over at the moment. 1) No liquid capital available at the moment 2) Company value not too attractive 3) Company yield is not too cracking (and no dividend)

I can not see this company been the subject of any MBO unless the shareprice continues to drop to the low/mid 20p's

[jb_brown] 06/11/2008 16:30

Possible MBO at this level

[jb_brown] 06/11/2008 10:30

I watch this sector and have always liked this small group. Anyone got any new info? Surely they look cheap now!

[ivancampo] 23/10/2008 15:42

The issue is what will trading be like in the coming 18 months. Hardly the ideal climate for this company.

[d4wes] 16/10/2008 08:36

under valued, and trading well.

[ialwayswinatmonopoly] 29/9/2008 21:01

Results in line with expectations is no longer good enough in this demanding market and with the directors having a cautious outlook in the coming months, is it time to cut your losses?