Aminex Share Discussion Threads

[edgar222] 14/7/2016 08:30

Blackgold

I don't think she is playing games. I think she knows exactly what is coming from the EU. After all the 27 heads of state have already told us (on the border/free trade issue it is a "non").

So if you believe that we are leaving, the reality of the deal needs to be negotiated by Leavers. Politically in this country it cannot be otherwise. That's not games, is it?

[edgar222] 14/7/2016 08:28

Don't know what theunluckyone just said as he is on filter.

All you need to know about his world view is that he thinks that Mark Carney has single handedly "demolished" the pound on the currency markets and that Carney intended to do that.

(I would have stopped there but the Referendum has taught me that it is necessary to point out to the deluded how deluded they are and to stop being British about it. So let me just say that such world views are laughably stupid and not borne out by the facts - eg. the market opened on the 24th June with a pound crashing before Carney said or did anything)

The thing about the phase we are now entering is that none of us will have to guess what the terms of Brexit will actually be any more. The EU will give us the terms of exit and then we will know. So the fact that I think they will be awful and others think differently is about to be irrelevant because we will have the terms themselves. Might take years, by the way.


But just ponder this Leave view. On their world view (which might be accurate, I am genuinely open-minded about this one) the EU itself is about to collapse because of Brexit. It is what they hope for. Whatever. I think they are wrong but the point is they might be right. Actually the real point is that the only thing to fear is fear itself and the EU politicians take this issue seriously.

So given all that, why would the EU make it easy or attractive for us to leave? Politically, the answer is above (saving the EU from others leaving).

Economically Leavers say they need us and we buy German cars. But if it becomes a choice between the EU surviving or the German auto industry (and others) taking a hit, which do you think they will choose?

(Again I would have stopped there but let me just say for the deluded that the answer is that they will choose the EU over short-term economic pain in an exact reversal of what we have done. By which I mean we have chosen economic pain over the EU).

[blackgold00] 14/7/2016 08:24

edgar, what has happen has happen good or bad, i can't see there's any going back now. In this brave new world that we now find are self's in, the last thing May should be doing is playing games, she knows that there is now a desperate need for the country to have a bring together, and to present a united balanced front, so loathe him or love him does represent a large portion of the referendum voting.

[theunluckyone] 14/7/2016 07:45

Since this is the Aminex board I will resist the temptation to reply.

[lfdkmp] 14/7/2016 07:33

Good post Edgar.

Let them now walk the talk.

[edgar222] 14/7/2016 07:26

Greyingsurfer:

Boris as Foreign secretary, good shout Theresa

Makes me embarrassed to be British



Totally agree save for this. She is putting the Brexit people in charge of the negotiations. Gove and Grayling yet to be placed. She is saying go get what you promised. Anyone who did not spend the referendum sticking their fingers in their ears and shouting LALALALALA in order to drown out things they did not like to hear knows that the Leave camp's promises are going to fail in those negotiations. The big one is single market access (call it free trade) plus border control. Doomed. So these Leavers will reap what they have sown.

Plus. If a remainer came back from the negotiations with the "deal" we are about to be offered by the EU the Leavers would say it is an establishment conspiracy and not true. Some will say that whatever, but this makes it more difficult to think that.

What blows my mind is facts such as our fishing industry now having access to LESS not more fish than if we remained. Or the position for the farmers now leaving the CAP and the subsidies involved there. Or the manufacturing outlook, Patrick Minford (Leave economist) having said if we leave manufacturing was over in this country but that should not worry us because we were all about financial services.

So Boris just being in this country makes me embarrassed to be British. Might as well make him suffer while he is here. And I think May has just arranged that.

[shooleh] 14/7/2016 06:43

@greyingsurfer - Thanks for the clarification.

[greyingsurfer] 13/7/2016 21:03

Boris as Foreign secretary, good shout Theresa

Makes me embarrassed to be British!

[greyingsurfer] 13/7/2016 21:02

If you do nothing you keep your shares, but don't get any new ones in the offer. If you accept the 2nd option you buy an additional 10% of your current holding, at 1.3p. If you want you can also buy additional shares on top of you entitlement, also at 1.3p (though it everyone wants them you may only get a limited number).

Peter

[blackgold00] 13/7/2016 20:58

Boris as Foreign secretary, good shout Theresa

[shooleh] 13/7/2016 18:17

Forgive the noob question - my broker has supplied 3 options for this open offer, the default of which is for "Sub Shares to Lapse"
with second option of converting my current holdings at 10-1 and the last option to apply for additional shares.

Does this mean that if I don't do anything, the default option kicks in and I will lose all my holdings?

should I take the second option of "Sub Shares to Exercise"?
I've never been through an open offer before and unsure what's the best option to take.
Thanks for any explanation provided.

[slepy] 13/7/2016 17:58

With the amount of shares we now have, I don't think 6p is achievable.
Maybe if we hit Nt2 &3 and there is pipeline connected. I would still like to see what comes out of Nyuni though. Not even a mention lately.

I would take 4p today if there was a takeover. Better 20k loss than 50k.

[ngms27] 13/7/2016 16:14

As before, coin toss on Ntorya.
If N2 then N3 come in to the degree suggested by management then a spike to 6p may happen though I think 3p is more realistic.

[tmmalik] 13/7/2016 16:09

Old investor are slapped badly but I still think it will come back to 4p next summer and 2p by end of July or mid August.

[slepy] 13/7/2016 15:25

I think it is something in the air.
Pretty sure 5 years ago at similar time we saw 7p. For one day.
Only day when I was on plus with Aminex.
After that it's only plenty of pain. 6p can't come soon enough lol

[blackgold00] 13/7/2016 14:21

i suppose looking at that chart above we could get back into that ever decreasing trend, not that i'm a trendy charter, but a lot of people are.

[blackgold00] 13/7/2016 13:55

i wish i was clever skin, what sort of hat have you got? you want to be careful i seem to remember some one else saying that, yes Paddy Ashdown, i wonder if he ate his. ngms is clever he knows a lot, i bet he bought at 1p. Talking of 1p, i think the penny is dropping, a 2 million delayed OK trade just gone through.

[skinwalker] 13/7/2016 11:02

Many of us here bought in to Aminex when the share price was 10p or more. It has not been a happy time! It's a minor miracle that Aminex has survived ! Who knows what the future holds. There are probably some clever people out there making a shilling by buying at 1p and selling at 1.5p.
Personally, I'll eat my hat if the share price ever reaches 3p again, but what do I know?

[1775] 13/7/2016 10:17

So right Skin - thank you for your kind thought.

[skinwalker] 13/7/2016 10:15

...and we wouldn't want that, would we 1775?

[1775] 13/7/2016 10:12

Looking at your continuous negative posts I'm glad I'm deluded otherwise I'd be suicidal.

[ngms27] 13/7/2016 08:49

They will own around 6% post dilution. If you think that's large enough to stop a takeover you are deluded.

[c31161] 12/7/2016 20:55

They will buy solo out

[haggismchaggis] 12/7/2016 19:16

Jay and Co won't sell out on the cheap, they got in to get the max return on their investment and that's what they will take.

[1775] 12/7/2016 16:38

They still own more than 10% between them - which is substantial - and when they cash in their options - even more substantial.