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Share Name Share Symbol Market Type Share ISIN Share Description
All Active Asset Capital Limited LSE:AAA London Ordinary Share VGG017801082 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  3.20 9.47% 37.00 36.00 37.00 36.60 34.30 34.30 1,699,259 16:35:08
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.0 -0.5 -0.3 - 375

All Active Asset Capital Share Discussion Threads

Showing 201 to 225 of 825 messages
Chat Pages: Latest  9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
03/12/2005
06:14
T O G. I was looking at just the last couple of days not the last three months or so: http://www.ratesfx.com/cgi-bin/dataview.pl?bc=GBP&cc=CAD&t=12&l=en Also, volume in London seems to have been much higher than the usual trickle.
jonwig
02/12/2005
23:25
That's because the £ has depreciated against the C$.
the original goldbug
02/12/2005
15:51
Notice that London has been in the lead here:
jonwig
02/12/2005
15:37
Rambutan, hopefully! up another 9.60%
mr ashley james
02/12/2005
10:58
tim read's expertise is in the finance world rather than the mining world. im sure that he knows how to play his cards when he feels the time is ripe.
rambutan2
02/12/2005
10:21
Arf, yes indeed: usually the ones I don't buy rocket ... but I needn't go on! The Canada discussion board haven't 'explained' the RNS, so presumably the obvious reading is the correct one - till we hear otherwise. Mind, it's a pretty strong indication that the directors feel the share price is far too low. If so, it's doing the trick!
jonwig
02/12/2005
10:09
jonwig, OK, if they're newly-issued shares, that would only have a point if not everybody can do it. Presumably that would be the case as the hostile bidder would have a large chunk of the company, and it's everybody else who can get newly-issued shares. Hopefully it would be a sizeable fraction, such as the option to double your existing shareholding. As I keep saying to myself, you can't predict the stock market. I held these shares for many months last year and this year, then sold for reasons not connected with Adastra. I leaped back on board recently (which I had been very keen to do for a long while), as it looked like this bandwagon was starting to roll. The share price seemed to be drifting in the last few days, so I was expecting that to continue. So, just as I had given up expecting a share-price rise, it went up... BOOM! This morning's spectacular 11p rise. I observe yet again the lack of any relationship between expectations and actual stock-market behaviour.
arf dysg
01/12/2005
12:08
Arf, I would understand it as newly-issued shares. The hostile bidder would be precluded from these rights, according to the RNS. The announcement doesn't say how many shares you'd be entitled to purchase. It can't be an unlimited number, obviously! The Stockhouse board is linked in the header. 'Canadian board'. It's not busy, but is informative. I read it once or twice a week.
jonwig
01/12/2005
11:59
Where can I see the Stockhouse board? I haven't heard about that before. I wonder where these extra shares are coming from. If it's new share issues, it might have no practical effect. All holders could (for example) double the number of shares held if the company issued new shares to everyone, or had a share split. Each holder would then have more shares but would still own the same fraction of the company. If that's not the case, where are these extra shares coming from? Would I have the right to buy cheap shares from the hostile bidder? That would make it more costly for a hostile bidder, which is probably the intention. It would also allow current shareholders to buy cheap shares then (presumably) sell them to the hostile bidder at the market price. This is possibly what is intended, creating a way for current shareholders get some benefit from the takeover. I do like the bit about big delivery of shareholder value in the coming year.
arf dysg
01/12/2005
11:01
another canadian i follow, ymba (aim)/ym (tsx) did the same thing when it believed it had got too cheap/vunerable - or that's how i read it. they did purchase some of their shares at that time.
rambutan2
01/12/2005
10:08
Arf, I don't know the correct interpretation. It seems to be a 'Canada thing'. As I see it, if a company manages to gain control of AAA without offering the same terms to all shareholders (ie. on the cheap) this clause will kick in. Such a possibility doesn't exist in the UK, but may well do in Canada. It's not been discussed yet on the Stockhouse Board: I'd imagine some poster there will be wise.
jonwig
01/12/2005
10:04
I particularly like the bit where it describes the point which ensures shareholder rights: "Existing shareholders will be given the chance to buy additional shares at a 50% discount to the current market price" in the event of a hostile bid. Have I interpreted that correctly?
arf dysg
01/12/2005
08:39
LONDON, U.K. (December 1st, 2005) Adastra Minerals Inc. ('Adastra' or the 'Company') today announced that its Board of Directors has approved the adoption of a shareholder rights plan (the 'Plan') as part of its procedures for dealing with any parties who may wish to acquire control of the Company by way of a take-over bid or other transaction. The Plan is intended to ensure all shareholders of the Company are treated fairly in any transaction involving a potential change of control of the Company, and is consistent with the Board's commitment to maximise shareholder value. Full announcement link in header. As I read it, such a plan would be unnecessary in the UK, as anyone who gets 30% has to bid the same price to all holders. It may be that in Canada you're able to pick up effective control in the market without having to extend a bid to all holders. They say other Canadian companies have done the same. The interesting question is: why do it now? They do say they're looking to a big delivery of shareholder value next year...
jonwig
29/11/2005
10:40
jonwig, angola is at the v top of the diamond potential tree. the land aaa controlled was very prospective. hence the sum they are going for in the courts. however, i dont think there's any chance of aaa actually getting back into the country as all the other mining cos - even de beers - have succumbed and accepted deals offering them under 50% of the project. i havent a clue as to how long the legal case might take though, but i'd bet on a pretty long timeframe.
rambutan2
29/11/2005
09:51
Extract from the FT Adastra Minerals, a Canadian miner that made a secondary listing on Aim, also sees its best years ahead. Adastra has a cobalt project in the Congo, which is estimated to hold 65 per cent of the world's reserves. Tim Read, chief executive of Adastra Minerals, says its Kolwezi mining project is not expected to start production until mid-2008. Adastra shares have also been volatile. They are 87p, or more than 50 per cent above its London listing price in September 2003. Mr Kerr says the reasons for the rise in these metals was the lack of investment in new supplies, echoing one of the main factors for the large price gains seen in base metals and energy markets in the past three years. Mr Kerr, who has traded metals for 30 years, says a key factor behind the lack of investment in new mines during the 1990s was the sale of strategic metal stockpiles by both Russia and the US. This followed the collapse of the Soviet Union and the end of the cold war. Titanium, chromium, cobalt, manganese and platinum group metals were considered essential to the US defence industry because the US lacked sufficient reserves and relied on imports from politically volatile regions. However, with the US and the former Soviet Union unwinding their strategic stockpiles, a large new customer emerged during the 1990s - China. China is also a big producer of many speciality metals, and accounts for about 80 per cent of global tungsten supplies. Some of China's molybdenum and indium output has been closed following a series of accidents in the Guangxi province in southwest China. But Mr Kerr stresses: "China is pivotal to all metals."
sivadnoj
29/11/2005
09:09
Ram2, I'd more or less written off Angola as part of the civilised world, but then hadn't been following things there much. However, I see a diamond explorer there, Xceldiam (XLD) has got its float away with some subsequent upside.
jonwig
29/11/2005
00:07
here's a dreamy thought. re the legal case vs angola, apparently aaa have got a good stateside lawyer to do the case for them on a no win no fee basis. needless to say they are going for hefty compensation. if they were to win, or the more likely scenerio of an out of court settlement, then it would be of a magnitude more than enough to self fund the kolwezi project with some nice change left over! how about that for some hidden possible upside!!
rambutan2
28/11/2005
23:58
here's a dreamy thought. re the legal case vs angola, apparently aaa have got a good stateside lawyer to do the case for them on a no win no fee basis. needless to say they are going for hefty compensation. if they were to win, or the more likely scenerio of an out of court settlement, then it would be more than enough to self fund the kolwezi project with some nice change left over! how about that for hidden possible upside!!
rambutan2
28/11/2005
20:50
Nice 8.00% move up today!(;-)0
mr ashley james
28/11/2005
16:56
well, aaa has certainly had a good november for anyone who bought at the start!
rambutan2
24/11/2005
16:40
GardenBoy/Rambutan, This is certainly performing better than African Copper Plc LSE:ACU. Adastra Minerals Inc LSE:AAA had stand at IMJ Mining Conference BTW Cheers Ash:)
mr ashley james
24/11/2005
09:49
i chatted to aaa at the mines and money conference on tues. they had a good spot right next to the entrance/exit. seemed to be attracting plenty of interest. are v confident in the project and again emphasise that they wont issue equ if shareprice too low. all good stuff.
rambutan2
24/11/2005
08:39
A couple of 'political' dates which may be significant. A referendum on the constitution is scheduled for 18 December, and democatic elections 'must' be held by 30 June next: http://www.alertnet.org/thenews/newsdesk/IRIN/99d3d4b1c4b051274aa8c727319c3442.htm This morning's extra up-move means I'm in paper profit for the first time in ages.
jonwig
20/11/2005
23:21
btw, this is one AIM stock that the Share Centre allow me to trade within my isa - and they don't automatically except many.
gardenboy
20/11/2005
22:51
yes, i did thanks ash - could have mistaken the crystal blue skies of north london for north switzwerland this weekend! lovely stuff. as you say, aaa starting to have a better time.
rambutan2
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