ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

BCN Bacanora Lithium Plc

67.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bacanora Lithium Plc LSE:BCN London Ordinary Share GB00BD20C246 ORDS 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 67.00 67.00 67.50 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Bacanora Lithium Share Discussion Threads

Showing 5551 to 5575 of 5925 messages
Chat Pages: Latest  225  224  223  222  221  220  219  218  217  216  215  214  Older
DateSubjectAuthorDiscuss
08/5/2021
09:52
uk govt to block bcn takeover...latest....might fall alot monday
johncasey
08/5/2021
09:44
Why would u sell hear the deal is they will buy your shares at 67p then delist.. They have to get approval from Chinese government but that should be straightforward.. Directors are recommending this deal.. maybe there is some risk that the mexico government got involved but the US, Canada, mexico trade deal seems to prevent government interference from free markets.. 16% or close to on the risk of no deal seems like a hold to me.. Would u really mind no deal and have these shares going into a fully productive mine? Got to be worth multiples by then surely anyway..
1sjh
07/5/2021
18:51
Looking for more near the 67p before I could consider selling.Then again to, who knows another offer could come in...
cleverinvester
07/5/2021
12:04
Anyone wants to offload? I've put an order for 20k at 57. Come on before i change my mind!
farrugia
07/5/2021
09:55
Going above 29.99% triggers Rule 2.7 I think? And SAFE unlikely to allow cash to be spent like that/ NDRC approvals required. Compulsory bid not the way they’ll want to go.
trickydicky1
07/5/2021
09:48
Not clear why Gangfeng are not buying in the market at well below the bid price.....I don't think the rules prevent that???
jaf111
07/5/2021
09:20
I suspect Gangfeng will happily sell the Zinnwald stake to pay for the BCN takeover. Save them the EU heartache.
igbertsponk
07/5/2021
09:12
Ptolemy, the EU is too distracted by vaccines and fish to notice!
goodgrief
07/5/2021
09:05
MKA next best thing!
jarega85
07/5/2021
09:05
Sold out here as looks a done deal and not much happening for months. Split profits between EMH and THS.
spawny100
07/5/2021
08:17
I think the under-reported story is that by acquiring Bacanora the Chinese will acquire a 44% stake in Zinnwald. That's a strategic asset in the heartland of the European automotive industry. I can't see that going down too well with the EU.
ptolemy
07/5/2021
07:36
Interesting question were the big institutional investors approached before yesterdays provisional offer. Pretty stupid if no conversations and yesterdays approach was a pure suck it and see.Lets hope the Institutions will support it only if the bid price is increased. Could we see other bidders?
mark1000
07/5/2021
07:34
This is the next step.... 3rd June



In accordance with Rule 2.6(a) of the Code, by not later than 5.00 p.m. on 3 June 2021, Ganfeng must either announce a firm intention to make an offer for the Company in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline can be extended with the consent of the Panel on Takeovers and Mergers in accordance with Rule 2.6(c) of the Code.

w1ndjammer
07/5/2021
07:33
Have just bought two lots of 50,000 which have not shown in the trades list(yet).
nilla159
07/5/2021
07:28
Unbelievably the Chinese have until the end of the year to make a firm offer so it's tempting to bail out and go elsewhere. Opportunity lost etc
husbod
07/5/2021
07:25
is anyone buying for the last 15% still on offer?

lucky for me i jacked up my position just a few days back,

thinking of buying more.....

unless there is anything worth flipping the lot into?

WJ.

w1ndjammer
07/5/2021
07:15
Mhin - of course Bacanora still have a stake in ZInnwald
gepetto100
07/5/2021
07:13
Main - there is indeed li in Cornwall but some way off any ipo
gepetto100
06/5/2021
22:35
I think Tesla are quite happy to buy from Ganfeng...perhaps Tesla might want to buy from Duncan-Smith!
mhin2
06/5/2021
21:15
I've notified Elon, so expect Tesla to bid tomorrow.
igbertsponk
06/5/2021
21:10
the Chinese do want to control strategic materials, the EU/US want supply security..I am afraid an activist government with a clear industrial policy, vision of the future and deep pockets is going to steal the show...Its a Mexican asset...I am sure the Mexicans will not want to upset the Chinese. Seems like a done deal....at least the Europeans have the Zinwald deposit....I think there might be some battery grade lithium in Cornwall!
mhin2
06/5/2021
20:42
I note that the Hanwa appointee director is one of the so-called Independent Directors and guess this means that Hanwa are part of the deal.... another whiff of stinkiness.
igbertsponk
06/5/2021
20:34
Reflecting….
This is totally opportunistic from Ganfeng and strikes me as just a land grab before anyone else bids for the assets. They know that everybody is trying to secure all the lithium and copper assets and have zapped in to corner this one.
Despite not even have completed the previous deal to go to 28.88%!
Who are these independent directors who’ve agreed this all of a sudden? And having a long stop of end of the year is crazy.

To answer my own question.... "Bacanora Independent Directors - all the directors of Bacanora other than Xiaoshen Wang" (the Gangfeng appointee).
So why are the CEO and Chairman so keen to suddenly sell out of the project they've stuck their last few years into? Must be on a goodly promise!

Stinks, a lot. Not that I'm suggesting that a Chinese company would be anything but whiter than white....

igbertsponk
06/5/2021
18:29
Independent directors indeed. Love to know what persuaded them to recommend such a low ball offer. Market reaction is interesting though - clearly it does not expect a bidding war but neither does it expect the deal to go through any time soon otherwise the share price would be around the offer price.Not sure whether to sell and go elsewhere or to hang on to see what happens. Probably do a bit of both depending on what happens over the next couple of days.
husbod
06/5/2021
18:25
I paid more than the offer and held for many years thought m&g paid more than the offer on table will vote against
laserdisc
Chat Pages: Latest  225  224  223  222  221  220  219  218  217  216  215  214  Older

Your Recent History

Delayed Upgrade Clock