Baobab Resources Share Discussion Threads

[tr4der1] 04/5/2015 19:24

Watching kefi, something brewing, it could move up fast.

[peetle] 04/5/2015 18:13

"Might work, might not". I can get a recommendation like that for the 3:15 at Kempton Park.And cash received on Barclays. I'll continue to watch Baobab, being a masochist, but as far as this board and my investment here go, it's good night and good luck. I have a few Kefi but DYOR, as they say.

[flyfisher] 01/5/2015 06:42

Cash received with td direct.

Where is the next arbitrage opportunity?

[qipincha] 30/4/2015 23:07

got the money

[pelleeds1980] 30/4/2015 20:08

Money received in TD account

[peetle] 30/4/2015 19:51

Own up, who paid over 6p today? Someone really didn't do their research...

[don342] 30/4/2015 17:00

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[kbrook] 30/4/2015 16:45

What a dimebar he was. When am I getting my money so I can put it into my next money making disaster?

[charliemike] 30/4/2015 15:43

Whatever happened to the chap on the other thread that used to predict 150 to 200p .

[tr4der1] 27/4/2015 18:54

Just trying to help fellow bao holders recoup some of the losses with good heart. First time i mentioned kibo here, kibo was 4.5p today 6.5p, re tracing from recent 9p. 50% better off. We tend to judge others based on our own action.

[tr4der1] 27/4/2015 15:20

Better to jump ship into kibo while price is still low, thats what i did. Might work might not. DYOR

[emtrad] 27/4/2015 13:31

qipincha, the RNS about the offer being unconditional in all respects stated that settlement will be by the 1 May 2015 for those who accepted the offer before 17/04/15. So I am expecting Friday.

[qipincha] 27/4/2015 12:17

the company is hiding all test results from the market...
no news with Chinese company
no news about testing results...
...

[qipincha] 27/4/2015 12:16

it will be after the last trading day
I believe

Cancellation will be effective from 7.00 a.m. on 20 May 2015, and the last day of dealings in the Shares is expected to be 19 May 2015.

[targatarga] 27/4/2015 10:25

Anyone received their cash yet?

[tr4der1] 22/4/2015 09:24

Sell up and jump ship to kibo. Might work might not. But increases the chances of recouping the money robbed by the bods and their friends. DYOR

[tr4der1] 19/4/2015 12:27

Anyone wanting to jump ship, recoup some or even all your losses. Look at kibo. They did presentation yesterday. More info can be found on kibo bb. Might work might not. DYOR.

[peetle] 15/4/2015 07:18

Shares will be non-tradeable if you've accepted the offer. It's more a bureaucratic thing for your broker than Redbird already having one hand on them. We should hear about the takeup soon.

[exbroker] 14/4/2015 22:32

You will get the cash within 14 days of the offer being declared wholy unconditional. I expect that it will be unconditional for acceptances but they still have to get government clearence in Mozanmbique. If that is the case the offer will remain open for another 14 days.

[kbrook] 14/4/2015 16:16

Just checked my online account my shares are now showing as non tradeable so I can't sell them even if I want to. When are we likely to get the money anyone know?

[venture traveller] 14/4/2015 14:22

For anyone wondering whether leaving your shares in a delisted company may prove beneficial or not. I have received an offer of 42p a share in TRBO, which was delisted in 2013. My purchase price was 13p. Not bad considering I had wrote them off.

I am still trying to decide whether to keep my shares in BAO, as these are obviously a different animal.

It all depends on how the mining cycle goes compared to funding capabilities of Redbird. The mining cycle is possibly at the bottom, but it may be years or even decades before there is enough demand to make the resource look attractive. In the meantime anything could happen to Baobab, or Redbird. There is no way of telling IMO. It's a gamble.