Share Name Share Symbol Market Type Share ISIN Share Description
Asa Resource LSE:ASA London Ordinary Share GB00B0GN3470 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 1.925p 1.85p 2.00p - - - 0 06:37:56
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 84.4 -3.6 -0.4 - 32.57

Asa Resource Share Discussion Threads

Showing 3251 to 3273 of 3275 messages
Chat Pages: 131  130  129  128  127  126  125  124  123  122  121  120  Older
DateSubjectAuthorDiscuss
24/11/2017
11:14
The few million shares owned by all on here really won't amount to a big %. The bigger holders are the ones that count.Wait and see.
trevorm2
24/11/2017
10:58
And which panel is this,the pools panel? because all i have heard is about what RPI are going to do.
casabella2
24/11/2017
09:31
31.8 SETTLEMENT OF CONSIDERATION Except with the consent of the Panel, the consideration must be sent to accepting shareholders within 14 days of the later of: the first closing date of the offer, the date the offer becomes or is declared wholly unconditional or the date of receipt of an acceptance complete in all respects. (The Takeover Code)
jacks13
24/11/2017
08:43
My broker still lists it in my holdings - BUT ASA is now shown as an invalid code!!!
iamald
24/11/2017
07:19
Why has ADVFN removed ASA from the monitor listing? We are only suspended.
plasybryn
23/11/2017
20:10
jacks13 - Yes, I know what the RNS said, but let us know when you actually get the money. It is the Chinese we are dealing with here.
timgw
23/11/2017
17:33
TimGW: RNS Number : 1447X, 21 November 2017 Settlement of consideration Settlement of the consideration due under the Offer will be effected as follows: -- in the case of acceptances which have already been received or received on the date of this announcement and are valid and complete in all respects, as soon as reasonably practicable and, in any case, by 5 December 2017 (being 14 days after the date of this announcement)
jacks13
23/11/2017
17:26
Edit: I have sent a strongly worded request to the Administrator as to the urgent need for a formal statement from the Company. TimGW. Thanks for your efforts. Hopefully good news, we deserve it !!!
petefurlepa
23/11/2017
16:47
Jacks 13 <<p.s. they are paying out, Dec 5th, or sooner>> I'd reckon there was more chance of winning a bet on the UK staying in the EU!
timgw
23/11/2017
15:40
Not getting mine
casabella2
23/11/2017
15:07
50% + 1 gives them a controlling interest. They can declare the Offer unconditional at that point. It doesn't mean they have no desire or incentive to acquire more of the shares. They won't want to own the company in tandem with 50% - 1 other shareholders so expect some convoluted corporate activity somewhere down the line. They'll maybe ask you to vote on some arcane capital restructuring which you won't actually understand, but never mind there'll be a special dividend to distract you're attention from such bothersome detail. p.s. they are paying out, Dec 5th, or sooner.
jacks13
23/11/2017
14:45
Yes i understand you divide one into the other but would that not give them enough to pay out without begging for more.
casabella2
23/11/2017
14:35
I have it on good authority that there will be further, potentially encouraging, news before the weekend.......!
timgw
23/11/2017
14:33
895,951,548 divided by 1,692,145,443
jacks13
23/11/2017
14:30
Accordingly, as at 1.00 p.m. (London time) on 12 September 2017, RPI owned or had received acceptances of the Offer in respect of 886,889,555 ASA Shares, representing 52.41 per cent. of the total issued ASA Shares, which RPI may count towards the Acceptance Condition. Accordingly, as at 1.00 p.m. (London time) on 27 September 2017, RPI owned or had received acceptances of the Offer in respect of 886,752,269 ASA Shares, representing 52.40 per cent. of the total issued ASA Shares, which RPI may count towards the Acceptance Condition. As at 1.00 p.m. (London time) on 20 November 2017, RPI owned or had received valid acceptances of the Offer in respect of 895,951,548 ASA Shares, representing 52.94 per cent. of the total issued ASA Shares, which RPI may count towards the Acceptance Condition. Can somebody explain to me what the 52%+ figure represent.If they only need 50%+1share.
casabella2
23/11/2017
11:19
Many thanks for your concerns, exbroker - but was "relive your frustrations" a freudian slip?
asmodeus
23/11/2017
09:45
Now is not the time to capitulate and be swayed by RPI who only have their interests at heart. It's not as if it is an offer anyone thinks is fair value. Official, balanced news can't be far away. Hold tight.
plasybryn
23/11/2017
03:01
More complex stuff going on behind the scenes. Sadly, my broker has cancelled my buy order, but they still have not won. Staying in. Keep the faith.
iamald
22/11/2017
21:45
On a relist do you really think there will be sellers at 2.1p,not a chance! I'm hearing of large fund interest to buy at the opening price. There could be a serious interest to secure an interest in the new Zimbabwe market, ASA could be that interest.
bizz2bizz
22/11/2017
21:10
Well done you've made your discission, right or wrong. Calm down and relax.
trevorm2
22/11/2017
20:30
Read the rns, 'in the case of acceptances already received....by 5 December 2017'. RPI have lowered their sights, almost certainly as a result of developments in Zimbabwe, and have now settled for a controlling interest. They will be the majority owner and form a new Board. They will likely want to get to a position where they can get a 75% vote carried on a motion of taking the company private i.e. a delisting. How they do that I don't know, but having minority shareholders was not part of the plan and I expect it still isn't. The 2.1p remains available for acceptance until 15 December. At some point the company will exit administration, only then will you know whether the shares can be exchanged for more than 2.1p. That's the nature of the gamble.
jacks13
22/11/2017
18:12
Even you have accepted you will get no money while asa are in administration. Offer or no offer.
trevorm2
22/11/2017
17:56
Note the acceptance goalposts were moved when they knew Mugabe was finished. I think Dearing helped the Chinese to take this out on the cheap and it seems like he's either helping them now or else he's a rabbit in the headlights unable to do anything about it.
gwr7
Chat Pages: 131  130  129  128  127  126  125  124  123  122  121  120  Older
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