Amerisur Resources Share Discussion Threads

[lucyp00p] 19/11/2019 12:37

No, it's down from over 5% to under 5%.

[quidnunc] 19/11/2019 12:30

That latest rns looks interesting 5%Q

[crossing_the_rubicon] 19/11/2019 11:41

Stifel have been stiffed!
That or they're a useless second tier bookie!

[astorcourt] 19/11/2019 11:37

I see, they all talk it up in cahoots, but the data room tells a different story.
Books are cooked, cash disappeared, hence 19p and no one else interested.

[rollthedice] 19/11/2019 11:33

Stifel are adviser & broker to AMER so perhaps just talking up their own client?

[astorcourt] 19/11/2019 11:28

But how STIFEL get it so badly wrong at 37p

[rollthedice] 19/11/2019 11:21

tgg ~ I'm inclined to agree, if it was a stinker (for AMER) GPRK shares would have risen. The various interested parties have picked AMER's potential apart and come to the conclusion that 19.21p was the right price and the others have seemingly walked away. Perhaps we're the ones who have overestimated what AMER's really worth?

I'll vote for the deal and move on, disappointed sure but it could have been far worse with no party interested and share price slumping ever closer to single figures...

[mortgage freeman] 19/11/2019 11:17

Ask Malcy to publicise the shareholder revolt

[moneylender] 19/11/2019 11:07

Running total sofar as at 10.30 this morning is:

59,051,158 shares pledged to vote NO

Amazing response guys n girls, keep the numbers coming.

[acv74] 19/11/2019 11:05

I wonder if the slight ongoing erosion of the share price is indicative of uncertainty that the deal will get 75% of the vote?Is anyone well connected, are there whispers of how the II's are going to vote?The people/II's who did the placing a couple of years ago are well under water, I doubt they think the derisory 19.21p is an "attractive proposition".

[thegreatgeraldo] 19/11/2019 11:02

If it's such an awful deal, why haven't shares of GPRK gone thru the roof? It's quite a big deal for them, setting what they're paying against their m/cap

[quidnunc] 19/11/2019 09:20

Its beginning to look like we might have the guns to go for this.
Well done ML and all those who have put their shareholdings behind this.
Q.

[rich2006] 19/11/2019 09:19

Another angle to think of.
Geo realise they will not get enough shareholders supporting the offer and provide a sweetener to shareholders get the deal through.
Not sure how likely but I have seen it before.

[tyler durden1] 19/11/2019 09:19

yes. With all those sellers someone is mopping them up. The more sellers the less can vote against. Self defeating until and unless a vote is only on the deal notified

[astorcourt] 19/11/2019 09:11

No, no. Wait for counter bid. It will come.

[rollthedice] 19/11/2019 08:29

I suspect they'll just edge this lower each day so by the time we do get a vote we'll see 19.21p as a vast improvement. Unless IIs show a willingness to vote against it'll go through anyway.

[kaos3] 19/11/2019 07:46

exactly astor - where is the cash ?????

our cash is not being used against us not for us ?

[moneylender] 19/11/2019 07:45

Morning all, just woken up and read the emails. A quick calculate suggests we now have around 60M pledged support to reject the bid.

Yes 60M.

I Reiterate that it's not straight forward to vote this down, you have to instruct your broker, they won't come looking for you!

[astorcourt] 19/11/2019 07:27

Surely, along with cooking the books, these charlatans will have had the cash away.

[lauders] 19/11/2019 03:54

Nice post Andrew! However,..... I await such an explanation from them.

I wish you the very best with that optimistic thought! Somehow, given their track record, you may be waiting in vain!

[bigbas] 18/11/2019 23:34

Lucy - far more eloquent than I could manage - well done.

Thaks Tony - yes I will do that as well

I have added my meagre shareholding to the pot