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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
  -0.15 -4.92% 2.90 2.80 3.00 3.05 2.90 3.05 3,751,269 14:00:29
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.0 -0.5 -0.3 - 22

All Active Asset Capital Share Discussion Threads

Showing 301 to 324 of 550 messages
Chat Pages: 22  21  20  19  18  17  16  15  14  13  12  11  Older
DateSubjectAuthorDiscuss
13/3/2006
16:57
no, jarvis - although wouldn't necessarily recommend them.
rambutan2
13/3/2006
16:37
ram, is that with Halifax ?
gardenboy
13/3/2006
16:34
yes, i've got mine in an isa. likewise gsl, acu, egu and a whole bunch of other tsx main listed ones. same goes for anything dual listed on asx.
rambutan2
13/3/2006
14:07
I've just realised that AAA might be eligible for an ISA, not because it's on AIM, but because Canadian exchanges qualify for ISA status. I've looked on the inland revenue web site and under "Canada" they just say "Any exchange which is registered for Canadian tax purposes." If the TSX is a major exchange (why shouldn't it be?) then it has to be a "recognised exchange" for U.K. tax purposes. Ergo, I can manouevre my AAA holding into an ISA, although this will most likely take two tax years.
arf dysg
09/3/2006
00:53
on drc... http://www.resourceinvestor.com/pebble.asp?relid=17636
rambutan2
08/3/2006
14:08
looks good.
rambutan2
08/3/2006
14:04
DFS is out! Everything sounds positive. Net present value 3.93 Canadian dollars.
arf dysg
24/2/2006
11:51
It's amusing to see First Quantum pleading and whining and begging and saying that it's not fair. They're desperate for our lovely montains of copper and cobalt.
arf dysg
23/2/2006
23:20
http://www.first-quantum.com/s/NewsReleases.asp?ReportID=130239&_Title=First-Quantum-Minerals-Responds-to-Adastra-Minerals-Directors-Circular-and-...
gardenboy
17/2/2006
14:47
As expected, the Toronto opening tells it as it is! (This happened on the day the bid was announced, too!)
jonwig
17/2/2006
12:59
Oh, ho, ho, here comes some action. Up we go.
arf dysg
17/2/2006
11:32
I can't find the Directors Circular on the website (referred to in the RNS) but Cannacord have written a new, post-bid research note here: http://www.adastramin.com/downloads/assets/Canaccord%2024.01.061.pdf
jonwig
17/2/2006
09:16
On a quick scan, this Mitsubishi deal (just announced with the formal rejection) appears to be excellent news. I suppose the share price will have to wait until this afternoon for a firm verdict, but meanwhile I've bought a few more.
jonwig
13/2/2006
13:54
Isn't the letter to shareholders (descirbing reasons to reject takeover bid) due out tomorrow at the latest?
arf dysg
10/2/2006
12:38
Shares magazine reports on Adastra results and mentions the takeover bid(yesterday's issue). It's reasonably positive. Shares magazine last week has a letter from a reader mentioning the takeover offer.
arf dysg
10/2/2006
10:46
ADVFN should remove the above post. It's a scam. It looks like a classic scam - buy a stock and then email lots of sheep to tell them to buy it to make the price go up.
arf dysg
10/2/2006
05:10
Post removed by ADVFN
Abuse team
10/2/2006
02:04
and a bit more on it. i might be tempted by a 1:1! From Creamer's Mining Weekly News Today Hostile bid 'severely undervalues us' - Adastra ------------------------------------------------------------------------------- Exploration firm Adastra has claimed that First Quantum's hostile bid for it has severely undervalued the firm and that the share ratio should not be 1:17,5, but rather 1:1. CEO Tim Read on Wednesday claimed that the firm would be contributing 45% of recoverable copper-equivalent resources and on an all-equal basis; its contribution to the combined group would be 55% by 2009. Read was addressing delegates at the 2006 Mining Indaba in Cape Town where global miners are assembled to attend the three-day conference. At First Quantum's stand in the exhibition area, all executives remained tight-lipped about Adastra's presentation and would not comment. This was despite Read's quips that the executives should occupy the front row to "have a clear view of the numbers I am putting up". He said that Adastra would be contributing 21% of copper-equivalent production by 2009, not the seven per cent First Quantum claims. In a month, Adastra is due to release its definitive feasibility study into the Kolwezi tailings project, the jewel in its crown and the reason that First Quantum aims to take over the firm. The study will indicate that 97% or resources can be converted into reserves, argues Read. He also pointed out that firms with projects at this stage saw their share price increase by 98% in a short period of time and that the average premium paid for such shares was 50%, not the six per cent premium offered. Some 51% of the firm's shareholders, which include Merrill Lynch and its founder, have indicated that they will not be supporting the bid. First Quantum's hostile takeover bid was first announced by the firm on January 18, at which point it offered $2,23 a share. This, it said in a statement, was a premium of about 24% at the time. Chairperson Philip Pascal had previously indicated that the offer, which was announced formally on February 2, was at a fair price and offered value to Adastra shareholders. The project, in the Democratic Republic of Congo, has resources of 112-million tons and is expected to benefit the impoverished community, which has a 90% unemployment rate. Finance has been received from the Royal Bank of Scotland to the tune of $75-million, while South Africa's Industrial Development Corporation and Investec have committed $120-million to the project. Already Murray & Roberts Cementation and GRD Minproc have completed the plant design and the firm has indicated it will be making use of a hydraulic mining method. Total capital expenditure is expected to come in at $350-million. Throughput is at 2,3-million tons a year and the mine will produce 33 t to 200 t a year of copper and 5 900 t a year of cobalt. Negotiations are under way to pre sell 50% of the cobalt. South Africa's Industrial Development Corporation and the World Bank's International Finance Corporation will hold equity in the project, leaving Adastra with a majority holding. It is due to start the due-diligence work after the release of the feasibility study.
rambutan2
09/2/2006
23:31
ram, that's a great read ! "He started off by inviting any people from First Quantum to move up to the front row so that they could be sure of seeing the figures he was going to display"
gardenboy
09/2/2006
10:40
good stuff... http://www.minesite.com/storyFull5.php?storySeq=3302
rambutan2
08/2/2006
11:36
ball is back in FQM's court. I would expect a second offer at a better price. No doubt FQM are working overtime to suss out what price would be acceptable to major stakeholders in AAA
ianwc
08/2/2006
10:48
RNS item out - presentation in South Africa. It mentions definitive feasibility study out soon: "early March 2006" It mentions project financing: 50% in progress and expressions of interest to finance another 150 million USD. Looks good. I suppose I'd like a few definitions of things like the "export credit tranche" of the debt, the "senior debt" and "senior subordinated debt."
arf dysg
07/2/2006
15:56
Rambutan, Trust you saw African Copper Plc LSE:ACU Grades Released today fantastic grades and intersections IMO. Cheers Ash:)
mr ashley james
04/2/2006
20:08
yep, that's what i call a resounding rejection... M&G Investment Management, Adastra's largest shareholder (14.8%), together with Mr. Jean-Raymond Boulle, the founder of Adastra and its largest non-institutional shareholder (beneficial shareholding 7.7%), Merrill Lynch Investment Managers (5.2%) and other major shareholders, who in aggregate hold more than 50 per cent. of Adastra's issued share capital have advised the Board that they do not find First Quantum's offer attractive and would support the Board in rejecting the offer.
rambutan2
Chat Pages: 22  21  20  19  18  17  16  15  14  13  12  11  Older
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