Baobab Resources Share Discussion Threads

[pete_bain] 27/2/2015 16:12

Wooster is correct. If everybody was selling price would fall. I would expect there is no spread at the mo

[wooster4] 27/2/2015 16:09

Because it makes sense to.

[kbrook] 27/2/2015 16:07

Wooster, don't think there's any buying as its 5.47 to sell. What makes you think Redbird are buying?

[kbrook] 27/2/2015 16:05

Jedad.... I have no idea as I have proven over the last three years. Don't think it's likely but who knows.

[pete_bain] 27/2/2015 16:04

Still crazy to sell at less than 6p

[wooster4] 27/2/2015 15:57

kbrook - this is redbird doing all the buying. Why pay 6p when they can pick it up for 5.5p. Just makes the 6p offer more of a cert!

[jedad] 27/2/2015 15:57

Kb what's your view on an increased bid or do you think we have been shafted for 6p

[kbrook] 27/2/2015 15:55

If I had any certainty that I would get a guaranteed 6p I would put everything I own in here. But I have lost all confidence and don't trust anything with this company any more.

[qipincha] 27/2/2015 15:42

doesn't matter, smart people buy when others sell

[beth21] 27/2/2015 15:40

The non-participation by the IFC was telling, and without a shadow of a doubt BJ will be involved in some capacity with 'Redbird' in the future regards the assets of Bao!

[pete_bain] 27/2/2015 15:39

Kenny. You can retain your stock with the delisted company. Agree 6p is miserly

[kbrook] 27/2/2015 15:33

Currently 5.47 to sell, so these are all sells.

[max101] 27/2/2015 15:17

6bash probably works for them... wakey wakey .


thats another 1m late buys. heading for 1:1

[targatarga] 27/2/2015 15:17

6kenny - honesty is a rare thing on the boards, the whole junior mining sector appears to be nothing a scam
I wonder how many miners will be left on aim in three years time?

[kbrook] 27/2/2015 15:15

Yes on his way to his in laws, cycling against the flow of traffic !

[bozicle] 27/2/2015 15:09

He's gone for a bike ride up the M6

[wooster4] 27/2/2015 15:09

Redbird sweeping up all the stock now - at least make it hard for them and let them pay the full 6p.

[wooster4] 27/2/2015 14:59

Any comment from Kenny yet??

[michae1664] 27/2/2015 14:56

Thanks for the advice, sadly I'll more than likely be accepting it.

[qipincha] 27/2/2015 14:53

you can vote whether to accept the proposal in early stage.

if all passed, there will be formal offer, you can accept or deny it.

the key thing is even you vote against the proposal, it will not affect you accepting the formal offer later

in case it not passed, then either redbird need to make a better price, or maybe other parties will bid, or we keep going like this and seek Chinese fund, so many possibilities.

I have seen similar things when I was with uen, cbi, etc. nothing hurt, in fact, it is just part of the game. you need strong heart though.

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however, I think it will be silly not to negotiate the price! Do you sell your house for what on the table without asking for more?

[stan40] 27/2/2015 14:37

well the very least they could do is take the sell price to 6p so people could get rid of the lowest cost pig iron producer in the world YEAH RIGHT !!! REDBIRD who ever they are must all be laughing their socks off and all the way to the bank! Investigation needed me thinks!!!