Arkle Resources Share Discussion Threads

[divina] 04/11/2002 19:30

Well they did say "to maximise shareholders interest"
lets see! are they allowed to lie?

[mad4it] 04/11/2002 18:35

Fair comment moonie, but Jezza hopped back aboard the bus today to ensure his 17% holding is not devalued further. Along with the Institutions he will ensure value is released for the shareholders. I'd say the odds are still with us at the moment.

[moonblue] 04/11/2002 18:21

a comment i red


All I know about Arc is that it is still losing money, but has cash worth substantially more than its market cap.

The directors should therefore pay the cash back to shareholders: but they have firmly stated that they are not going to do this.

Bearing in mind the infinite capacity of directors to waste money or pocket it themselves, and looking at the amazing shenanigans at Izodia, I'd say this can only be seen as a gamble with the odds stacked in favour of the house

[mad4it] 04/11/2002 16:26

Hmmmm, interesting to see EVO ( Beeson Gregory ) moving their NMS up to 100k from 75k and sitting on the bid all day. Maybe their recent ARK upgrade WASN'T a 'pumpy dumpy' exercise!

[mad4it] 04/11/2002 16:26

Double post.

[boobly] 04/11/2002 15:47

Looks like the market was less enthusaistic about - The Return Of The JEZ - than Captain Gullet.

[halfpenny] 04/11/2002 14:40

Still the WORST performing stock....expect the big buys to start comming in soonnnn

45p plus to come

[halfpenny] 04/11/2002 11:28

ARK WILL SELL THE COMPANY....news from within....


ARK to sell.....

45p plus to come....wooopppeeee

[mad4it] 04/11/2002 11:24

Yep, it looks like Jez wants to make sure he gets full value for his 17%.

I would suggest he'll be against a cash return, as, effectively, 17% of the cash is his! Therefore it's better for him to accept a bid for the company, around the 37p cash level.

[divina] 04/11/2002 10:57

I guess with 17% of the company he wants to see the deal thru!
its in his best interest. I see it as selling the company
ARM offer 35p to low!

[mad4it] 04/11/2002 10:44

So what do we make of this then ? (Thanx to sashadog for posting it earlier.)



LONDON--(BUSINESS WIRE)--November 4, 2002--

ARC International PLC

Appointment of Additional Non Executive Director

ARC International announces the appointment of Jeremy (Jez) San OBE to
the Board as Non-Executive Director with effect from 4 November 2002.

Jez, 36, has 20 years of valuable experience in the technology
industry. In 2001, he was voted Entrepreneur of the Year by the
European Technology Forum and he has recently received an OBE for
services to the computer game industry.

Jez is Chief Executive Officer of Argonaut Games PLC and was a founder
of ARC International. When ARC International was demerged from
Argonaut in September 1998, he retained a major shareholding in the
Company and currently holds 17% of its issued share capital through a
family trust. Jez holds no other directorships in publicly quoted
companies outside the Argonaut Group.

Mike Gulett, CEO of ARC International, commented.

"We are very pleased to welcome our co-founder and a major shareholder
to the Board of ARC International. Jez has been a constant support to
the new management team this year and brings with him, exceptional
talent and industry knowledge. We very much look forward to his input
in the coming months."



Is Jezza in to ramp up or wind down the company ?

[halfpenny] 04/11/2002 10:20

looks like this one will move quickly upwards.....


its good for the MM to clear out and they will come in with some very big buys...

30 plus looking good.....and by the wat the buyout is still very much on the cards....

45p plus to come....

looking good

[nav_mike] 04/11/2002 09:28

Which illustrious member of the buy high sell low fund manager club is out there selling???

[mad4it] 04/11/2002 09:22

He tells me our seller is still at it!

[moonblue] 04/11/2002 08:56

is patel investor around ?

[sashadog] 04/11/2002 08:12

(AFR) 04/11/02 07:03: Arc Intl PLC - Directorate Change


Arc Intl PLC - Directorate Change

BW20021103002032 20021104T070321Z UTC


( BW)(ARC-INTERNATIONAL)(ARK) Directorate Change

Business Editors
UK REGULATORY NEWS

LONDON--(BUSINESS WIRE)--November 4, 2002--

ARC International PLC

Appointment of Additional Non Executive Director

ARC International announces the appointment of Jeremy (Jez) San OBE to
the Board as Non-Executive Director with effect from 4 November 2002.

Jez, 36, has 20 years of valuable experience in the technology
industry. In 2001, he was voted Entrepreneur of the Year by the
European Technology Forum and he has recently received an OBE for
services to the computer game industry.

Jez is Chief Executive Officer of Argonaut Games PLC and was a founder
of ARC International. When ARC International was demerged from
Argonaut in September 1998, he retained a major shareholding in the
Company and currently holds 17% of its issued share capital through a
family trust. Jez holds no other directorships in publicly quoted
companies outside the Argonaut Group.

Mike Gulett, CEO of ARC International, commented.

"We are very pleased to welcome our co-founder and a major shareholder
to the Board of ARC International. Jez has been a constant support to
the new management team this year and brings with him, exceptional
talent and industry knowledge. We very much look forward to his input
in the coming months."

"Keeping an eye on the shop?

[sashadog] 04/11/2002 08:07

Interesting RNS announcement..................has Jez come on board to make sure he gets full shareholder value for his [via a family trust] 17% shareholding in the company?

"AFR) 04/11/02 07:03: Arc Intl PLC - Directorate Change


Arc Intl PLC - Directorate Change

BW20021103002032 20021104T070321Z UTC


( BW)(ARC-INTERNATIONAL)(ARK) Directorate Change

Business Editors
UK REGULATORY NEWS

LONDON--(BUSINESS WIRE)--November 4, 2002--

ARC International PLC

Appointment of Additional Non Executive Director

ARC International announces the appointment of Jeremy (Jez) San OBE to
the Board as Non-Executive Director with effect from 4 November 2002.

Jez, 36, has 20 years of valuable experience in the technology
industry. In 2001, he was voted Entrepreneur of the Year by the
European Technology Forum and he has recently received an OBE for
services to the computer game industry.

Jez is Chief Executive Officer of Argonaut Games PLC and was a founder
of ARC International. When ARC International was demerged from
Argonaut in September 1998, he retained a major shareholding in the
Company and currently holds 17% of its issued share capital through a
family trust. Jez holds no other directorships in publicly quoted
companies outside the Argonaut Group.

Mike Gulett, CEO of ARC International, commented.

"We are very pleased to welcome our co-founder and a major shareholder
to the Board of ARC International. Jez has been a constant support to
the new management team this year and brings with him, exceptional
talent and industry knowledge. We very much look forward to his input
in the coming months."

[halfpenny] 04/11/2002 07:58

Wait......the takeover is still on the cards and we should expect another offer of 45p plus.....

loking good...

45p plus to come....

[nav_mike] 04/11/2002 07:35

Morning all

This new director is so good they announced it twice! LOL

[divina] 04/11/2002 00:13

Nice cristmas present. If its all concluded at then end of NOV

[nav_mike] 04/11/2002 00:08

I make it between 6 and 13p per share

[divina] 04/11/2002 00:04

Evolution Beeson Gregory, which yesterday upgraded the stock to "outperform", believes the outcome of the review will be that ARC returns between £18m and £38m of cash to shareholders
-------------

whats the per share? not to good at maths :-)