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KAZ Kaz Minerals Plc

849.00
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Kaz Minerals Plc LSE:KAZ London Ordinary Share GB00B0HZPV38 ORD 20P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 849.00 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
849.00 849.40
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 849.00 GBX

Kaz Minerals (KAZ) Latest News

Real-Time news about Kaz Minerals Plc (London Stock Exchange): 0 recent articles

Kaz Minerals (KAZ) Discussions and Chat

Kaz Minerals Forums and Chat

Date Time Title Posts
05/1/202220:19Kazantip106
30/4/202122:26Kazakhmys16,780
13/9/202005:56*** Kazakhmys ***6
17/7/201715:36KAZAKHMYS - 2006122
08/4/201617:59CHINESE CAN HAVE 2 BABIES NOW...PRICE OF COPPER SHOULD SURGE ON THAT NEWS!!4

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Kaz Minerals (KAZ) Most Recent Trades

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Kaz Minerals (KAZ) Top Chat Posts

Top Posts
Posted at 05/1/2022 20:19 by jtidsbadly
That takeover price doesn't seem so bad tonight, does it?
Posted at 24/3/2021 09:39 by zangdook
As I read it, the minimum is 50%, if they still want it, but they can back out if they get less than 75%.

Acceptance Condition
(a) valid acceptances of the Increased Offer being received (and not, where permitted, withdrawn) by no later than 1.00 p.m. on the First Closing Date of the Increased Offer (or such later time(s) and/or date(s) as Bidco may, in accordance with the Takeover Code or with the consent of the Panel, decide) in respect of not less than 75 per cent. (or such lesser percentage as Bidco may decide) of the KAZ Minerals Shares to which the Increased Offer relates and of the voting rights attached to those shares, provided that this Condition will not be satisfied unless Bidco and/or any of its wholly-owned subsidiaries shall have acquired or agreed to acquire (whether pursuant to the Increased Offer, the Share Exchange Agreement or otherwise), directly or indirectly, KAZ Minerals Shares carrying in aggregate more than 50 per cent. of the voting rights then normally exercisable at a general meeting of KAZ Minerals, including for this purpose (except to the extent otherwise agreed by the Panel) any such voting rights attaching to KAZ Minerals Shares that are unconditionally allotted or issued before the Increased Offer becomes or is declared unconditional as to acceptances whether pursuant to the exercise of any outstanding subscription or conversion rights or otherwise.
Posted at 24/3/2021 09:06 by thelongandtheshortandthetall
''The aggregate of those KAZ Minerals Shares in respect of which Bidco has received acceptances (as set out above) and the KAZ Minerals Shares in which the Consortium is already interested represents approximately 59.28 per cent. of the existing issued share capital of KAZ Minerals.''

Ok so they have acceptance from 59.28%.
Do they require 75% because if they do I can't see that happening.

Any opinions?
Cheers

If their offer is scuppered KAZ should IMO leave the blocks with gusto!
Posted at 09/12/2020 07:17 by glavey
So they are now 'going hostile', using threats and who knows what other arrangements to procure support. That's 'coming from the back foot' after the first idea received 'cold shoulder'. This latest attempt is equally disrespectful.

The KAZ share price would be significantly higher was it not held back by these proposals. Just consider how other copper miners have risen over the period. ANTO was circa 1000p on the 2nd October, it's now circa 1425p, so up 42.5%.

Using a revised date to exaggerate their argument, NOVA are claiming 24.9% is fair and reasonable, and that's including bidder premium.

It isn't.


Hold tight.
Posted at 30/1/2020 10:00 by tymedici
Where would the KAZ share price be if it wasn't for the coronavirus problems in China? North of 600 I am certain of that.
Hope the measures taken in China help to contain the spread of the virus. The regime has its failings but they don't seem shy of taking bold and decisive moves. Let hope they work and 'normal' conditions can return.
The market seems to like today's figures but the cornavirus story has dented the share price temporarily at least.
Posted at 14/11/2019 16:42 by kenmitch
katnick

bb posters can't answer that. Useful facts are:-

1. KAZ share price usually moves up and down along with other miners.

2. KAZ share price depends on copper price. If that goes up so, usually, does KAZ,
and vice versa.

3. China/US trade war news affects the price.

4. So do latest economic figures from China.

5. Long term, pundits are confident of much higher copper price because of electric
vehicle demand. We'll see!

KAZ share price (along with the other big miners) fell to crazy low price in 2015 mining sector bear market. KAZ fell to 80p and then shot up to around £10. KAZ has been as high as £20 in the past.

For now £4 could be a good entry point for a part stake. BUT that assumes copper price at least holding up.

Big KAZ plus points are exceptionally low cost copper producer AND with their 2 relatively new mines now fully up and running. So even if copper price crashes KAZ should still be making profits. And when copper price is high they rake it in.

A negative is the large debt and the costs of their latest new copper mine. BUT if copper demand as forecast that would put KAZ in very strong position.

I've held KAZ for years, and also trading stakes. It's been a great investment overall and could well be so again in time, but shorter term is anyone's guess.

Go
Posted at 30/8/2019 11:02 by tymedici
I wonder if September will see a gradual recovery of the KAZ share price as the EU mandarins finally accept that the UK will leave on October 31st, and Trump and his gang accept that the Chinese Communist Party cannot change its economic policy without a massive change of direction which means 'losing face'. (This isn't about regime change or is it?). Perhaps the Chinese Communist Party will accept that in the 'real world' you have to abide by certain rules'.
Hope so.
Posted at 01/2/2019 09:50 by loss-leader
Kaz share price At 6month high even though copper only at 2 month high. Improving sentiment wrt production and divi ? LL
Posted at 26/1/2019 10:02 by tymedici
For a further explanation of yesterday's rise in the KAZ share price (9%), views on the trading update published this week, and speculation on developments over the acquisition of the controversial Baimskaya deposit, interested parties should considering visiting the rival chat room site at LondonSouthEast LSE. There have been a number of informative posts in recent days plus speculation regarding the reason for the rise. Good luck.
Posted at 01/11/2018 14:09 by arja
as copper price moves higher ,. KAZ share price falls ! hard to figure out !
Kaz Minerals share price data is direct from the London Stock Exchange

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