Atlantic Coal Share Discussion Threads

[p@] 04/4/2019 08:02

Looks to me as if the Board is split,someone doesn't like the DS terms of 10%.
I understand Adam Wilson runs DS as well as on ATC Board,now who with a large holding would be against him?........answers on a postcard please!

[garykc] 02/4/2019 08:00

I am just as disappointed and frustrated as you, us all. I would have had over 20m in the enlarged group and was looking forward to a nice piece of that pie thank you very much. Lets see what comes out over the coming days. You never know, could be a blessing in disguise!!!!

[mozyali] 02/4/2019 07:46

Yes i guess garykc, but most frustrating part is - we are back to square one.

[garykc] 02/4/2019 07:31

It may not be their fault mozyali. I am gutted about the decision, we all are, but until we get the facts, we cant blame our BOD. Could have been DSS getting greedy and wanting a bigger slice of the ACG pie, you never know. All will come out over the coming days no doubt.

[mozyali] 01/4/2019 20:57

Not shocked or surprised. Run by incompetent people. Sad.

[sherbs] 01/4/2019 20:12

hxxp://www.atlanticcoal.com/

Announcement regarding Daniel Stewart
Securities PLC (“DSS”) offer to acquire the
entire issued share capital of Atlantic Carbon
Group PLC (“ACG”)
ACG regrets to inform its shareholders that DSS was unable to
approve the offer by 31st March 2019 and, under the terms of the
offer document, the offer has now lapsed.
Consequently ACG is unable to proceed further with the application
to the UK Listing Authority to have the enlarged group’s share
capital admitted to trading on the standard segment of the main
market of the London Stock Exchange PLC.
ACG is disappointed with this outcome but continues to examine
various options for a liquidity event with a view, among other
things, to benefit ACG shareholders.

[p@] 01/4/2019 08:00

Well that was lucky,I expect they booked it a while back and thought they'd be quoted by now.

[smalltimer] 01/4/2019 03:17

p@ good you didn't go, ACG didn't appear at show.

[p@] 31/3/2019 19:27

sorry didn,t go.

[smalltimer] 29/3/2019 14:18

p@ if you go, or if anyone else goes, please let us all know here if you find out anything about the relist.

[p@] 29/3/2019 10:51

not sure, but got ticket.

[marmar80] 29/3/2019 10:12

You going there tomorrow?

[p@] 29/3/2019 09:07

free ticket code-UKIS

[p@] 29/3/2019 08:13

ACG

free ticket code-UKIS

[mozyali] 26/3/2019 11:49

Just spoken to ATC office. Announcement on Monday. Thats all, didnt say anything more. We’l just have to wait 6 more days.

[mhin2] 10/3/2019 20:53

I keep asking myself, given the history of the BOD, why are they re-listing. Of course,

it allows the BOD to monetize their holdings

and to potentially dilute further

`The Board are involved in on-going research and negotiations regarding the acquisition of additional mines, processing plants and reserves'.


I would like to see recent accounts to see how much free cash the BOD have for their plans for acquisitions. Having said that ATC have never been in a better position, although I doubt that (given past history) the BOD have no other ambition other than to advance their wealth at the expense of PI's. I hope I am wrong, but I have not noticed any change of attitude.

[doc robinson] 10/3/2019 09:47

76% accepted by 28 Feb deadline so reverse takeover will proceed with a extended deadline to 22 march so people who missed deadline have a second chance. ,!

[garykc] 07/3/2019 13:51

Some good posters toptrump1. No one is slagging or slating anybody which is nice. A lot of dreamers of course. People seeing ATC through rose tinted specs!!!!

[toptrump1] 07/3/2019 12:41

Such as? Is that the London South East site, had a quick look but seems to me a few idiots

[garykc] 07/3/2019 07:27

Loads of great chat over on the LSE site guys. Some really informative/speculative chat about what is likely to come around the corner.

[smalltimer] 07/3/2019 04:38

New ACG Twitter post:

'Reverse Takeover of Atlantic Carbon Group plc by Daniel Stewart Securities plc.
Re-opening of offer with deadline of 1.00 pm (GMT) Friday, 22nd March 2019.
See ACG website for further details including voting figures to original deadline of 28 February.'

[toptrump1] 04/3/2019 22:15

That’s what I said