Lamprell Share Discussion Threads

[gepetto100] 24/6/2022 12:32

MMs going for broke now

[stockhunters] 24/6/2022 12:29

do not buy if you cannot afford to lose

gl

[gepetto100] 24/6/2022 12:24

So ball park 413 million shares in issue103 million shares owned by Blofeld310 million shares cash offer for What did Blofeld acquire their 25.06 percent for in total as they are sitting in a loss at current share price levelsThe price paid or on offer is in relation to the outstanding 310 million shares This amount will have to cover total debt - do the maths w

[tomboyb] 24/6/2022 12:23

I don't think they will get 10p tbh -

That is a significant discount to prevailing price but not a "very" significant discount -

There are a few scenarios that I have seen -

All if Remember were 90% + discount -

[gepetto100] 24/6/2022 12:13

Question- what is the total debt

[pwhite73] 24/6/2022 12:09

Yes but they would not have received a cash offer from Blofeld no matter how low if Blofeld felt the debt position wasn't serviceable from the company's operations.

[tomboyb] 24/6/2022 12:08

A very significant discount is like 90% -

2-3p offer perhaps -

Regardless, it may or may not happen -

[gepetto100] 24/6/2022 11:54

So aside from the current liquidity amounts required the total debt position would have to be covered by any offer

[1ultimate] 24/6/2022 11:45

Well I’ve sold at a slight loss, this pos ain’t bouncing can’t risk it good luck anyone holding

[pwhite73] 24/6/2022 11:30

Yes it will need a capital restructure because a takeover involves the purchase of existing shares and the purchase of shares that are due to be issued like staff options, warrants and shares the company has received the authority to issue at the last AGM but have not yet done so.

RNS 24/06/2022 - "The Board of Lamprell PLC announces that it received a non-binding indicative cash offer from Blofeld Investment Management ("Blofeld"), a 25.06 per cent shareholder in Lamprell, regarding a possible offer to acquire the entire issued and to be issued share capital of Lamprell (the "Possible Offer")."

[babbler] 24/6/2022 11:20

but a takeover below 5p won't need a capital restructure would it? Just shareholder approval.

[pwhite73] 24/6/2022 10:58

The nominal value is 5p so no new shares can be issued below that price if any rescue package involves an equity raise. A capital restructure of the shares would need to take place first.

[dillydally2] 24/6/2022 10:54

Into suspension soon Think of that before chasing dreams

[1ultimate] 24/6/2022 10:25

This shouldn’t have come below 8p imho well over done, now time to bounce back up dyor

[hpcg] 24/6/2022 10:18

Congrats to the short sellers here, well analysed and well actioned.

[targatarga] 24/6/2022 09:50

Lamprell have signed unprofitable contracts for years. Why?

[1ultimate] 24/6/2022 09:48

1m buy worth £49k at 4.82

[1ultimate] 24/6/2022 09:45

Going back above 5p imminently

[1ultimate] 24/6/2022 09:45

Stop talking nonsense, it’s 4.65p to sell now premium

[babbler] 24/6/2022 09:43

can't sell either. It's constantly in auction.

[1ultimate] 24/6/2022 09:41

Can’t buy any now…typical mm’s

[jotoha2] 24/6/2022 09:38

Brutal , the wolves will win here , very dodgy.

[1ultimate] 24/6/2022 09:28

Look at all those huge buys

[1ultimate] 24/6/2022 09:28

Day trader’s dream this is!!

Bought below 5p will sell at 7p later 😉

All imho DYOR