Amerisur Resources Share Discussion Threads

[tommygriff] 23/7/2019 22:50

Does FIL announcement today mean they are purchasing shares in the market on behalf of M&P??

[charlieeee] 23/7/2019 17:44

TD

The IIs will be balancing best return against certainty of the deal going through.

For FIL, who wanted out, any price rather than on market selling, is a win, but no evidence to suggest that any of the other IIs are desparate.

Like us, they will want a return, particularly where they have been holding from 2016 and prior.

FIL already buying at 18p for M & P.

[moneylender] 23/7/2019 17:43

Charlieee would agree with that post and especially the last few lines adding Rodspotty to that list also.

[deuchar] 23/7/2019 17:39

It's going nowhere

[davwal] 23/7/2019 17:31

TD, Bit of hedging, maybe

[tyler durden1] 23/7/2019 17:28

Looking at most announcements it looks like institutions are happy to sell into prospective bid. Don't like that.

If and it is if they have been in communication with prospective bidder, but are happy to sell into the bid to keep the price down, it could herald a very cheap takeover

[davwal] 23/7/2019 17:25

The city boys have clocked off from rampin’ it seems, and are now on their way home for their teatime jam sandwiches...

[ladeside] 23/7/2019 16:12

What I would say is that the share price has been sitting below 14p for over 4 months without any sort of mad rush to buy our giveaway cheap priced shares, so I don't see how everyone is suddenly falling over themselves to buy at 18p when they could have been stake building in the market quite easily if they all believed the story.

Having said that and to balance things out, I would also reckon that the risk at current levels is minimal for those hoping to make a quick buck, so all in all I'd still say that the upside from here outweighs the risk from the downside, however the shameless ramping nonsense should be treated with a pinch of salt imho.

As always though, us daftie PI's will be the last to know when something big happens whether that be positive or negative, so it's all still a case of pay your money takes your chance.......

[yasrub] 23/7/2019 16:06

Bit of a side issue but sterling likely to get cheaper and this is a dollar earner. AMER could look even cheaper if Sterling dives.

[xxnjr] 23/7/2019 16:03

Question all.

M&P informally suggested a "possible offer" at 17p. Having had that "offer" rejected by Amerisur, M&P have now entered the Formal Sales Process.

Are M&P allowed to continue buying shares in the market now?
Presume yes - but any limit to what they can pay per share?

[davwal] 23/7/2019 16:00

If Stifel as joint broker are showing buys and sells are they passing them on to Amer..?

[moneylender] 23/7/2019 15:59

M&P are insignificant in the larger scheme. Things will start to get interesting when one of the other 7 interested parties makes an offer.

Until then enjoy the attack on 20p

[lauders] 23/7/2019 15:52

Curious whether anyone here has been buying today and whether the order(s) has/have been filled easily or it has been challenging to execute the order(s)? Given all the predictions of a minimum of 20p (if a deal is struck) why isn't there a more positive stance above the 17p offer tabled? There is at least 2.5p to be made (including costs), much more if some of the more optimistic targets are realized! Many thanks.

[davwal] 23/7/2019 15:50

FIL buying for M&P then..?

[moneylender] 23/7/2019 15:47

Very humid here in Cardiff, anyone keeping track of all these TR1's, Are they mostly increased holdings??

[philjeans] 23/7/2019 15:32

Will be well north of 20p just as soon as we see another oiler interested.

[pauliewonder] 23/7/2019 15:25

Might rally into the close at this rate

[fatgreek] 23/7/2019 15:23

How long can they hold this back, about half a million buys in and no movement...

[kirk2] 23/7/2019 15:13

SORRY THE NURSE TOOK ME BACK TO MY ROOM, WERE WAS I, O YES, BUYS FLOODING IN ON LEVEL 2 LEVEL 6 GONE BERSURK, 18P NEARLY HERE.

[cudmore] 23/7/2019 15:10

Sellers appear to be gone. All in for the ride now!

[juuunx2] 23/7/2019 15:09

Does seem to be plenty of buys

[n95] 23/7/2019 15:08

Can't filter him, just enjoying the comedy value.

[kirk2] 23/7/2019 14:50

TODAYS SELLERS ARE SO GOING TO REGRET IT WHEN THIS FANTASTIC COMPANY GETS TAKEN OUT FOR 40P. REMEMBER THIS POST YES 40P.

[kirk2] 23/7/2019 14:48

MASSIVE BUYING BEHIND THE SCENES LARGE BUY ORDER BEING FILLED ALLDAY.