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Share Name Share Symbol Market Type Share ISIN Share Description
Lonmin Plc LSE:LMI London Ordinary Share GB00BYSRJ698 ORD USD0.0001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 75.60 73.70 74.00 0.00 0.00 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 1,031.6 52.2 11.4 6.4 220

Lonmin Share Discussion Threads

Showing 15976 to 15999 of 16125 messages
Chat Pages: 645  644  643  642  641  640  639  638  637  636  635  634  Older
DateSubjectAuthorDiscuss
17/10/2018
14:46
Knew sa gvt would pull a fast one like this.Postponement....???
foxy22
17/10/2018
08:53
Thanks for info
foxy22
17/10/2018
08:50
9TH OCTOBER 2018 BY: TASNEEM BULBULIA CREAMER MEDIA REPORTER The Competition Tribunal will hold hearings into the proposed merger between Sibanye-Stillwater and Lonmin on October 18
p investor
17/10/2018
08:28
I mean t/over
foxy22
17/10/2018
08:26
Thinking to add on this drop...jotohaHas there been any announcement re merger
foxy22
17/10/2018
08:19
Foxy , have taken some of the table , but holding bulk of shares
jotoha2
17/10/2018
08:02
Jotoha certainly a big drop maybe platinum ran up too quickly.Are u trading position or simply holding to 0.89 ...
foxy22
16/10/2018
12:15
Will u get shares in jse or nyseAnd excuse my ignorance if sibanye price rises will the deal be valued at more than 0.89 pence
foxy22
15/10/2018
19:42
It's an all paper deal , you will get SGL shares which can be sold through a broker at any time after completion , I would expect completion of the deal by year end 2018 , so lots of time to sell in the uk if you so wish.
jotoha2
15/10/2018
17:47
Since SGL is not listed in London, what will happen to the LMI shares listed in London once the deal is completed.
rasv
15/10/2018
17:13
The original agreed price was for 89 p per share , subject to regulatory conditions being met , at that point shorts kicked in on the basis the deal would fall through , the deal is going to happen as the tribunal will confirm on the 18/19th , shorts have been closing and will all be done by the 18th , when we should see 89p achieved on confirmation , and maybe a lot higher as Sibanye is now starting to move forward as well .
jotoha2
15/10/2018
16:15
PS if you do your research you will confirm for yourself the offer is £289 plus million 5.5Billion rand.................................relates to .88p on the new vacation at deal end. simples
p investor
15/10/2018
16:11
Why I’d buy Lonmin plc after Sibanye Gold Ltd’s takeover offer Rupert Hargreaves | Thursday, 14th December, 2017 | More on: LMI SBGL It looks as if struggling platinum miner Lonmin (LSE: LMI) has reached the end of its life as an independent company. After years of struggling with low platinum prices, workforce unarrest and high costs at its deep mines, this morning it was announced that the managements of Sibanye Gold Limited and Lonmin have reached agreement on the terms of a recommended all-share merger. Sibanye Gold, which is trading under the name Sibanye-Stillwater, is offering 0.967 new Sibanye-Stillwater shares for each Lonmin share. Based on the 30 trading day volume weighted average price of Sibanye shares, the offer values each Lonmin share at 100p for a total value of £285m (according to this morning’s press release). Commenting on the proposed merger, Ben Magara, Lonmin’s CEO said: “The combination with Sibanye-Stillwater provides a stronger platform for Lonmin Shareholders and other stakeholders to benefit from the long-term upside potential of an enlarged Sibanye-Stillwater group with greater geographical and commodity diversification.R20; Time to buy? Even though shares in Lonmin have jumped by around 20% this morning after the announcement, I believe that there could be an interesting opportunity for investors. It has been hamstrung in recent years by a weak balance sheet and lack of scale. Indeed, the company has raised about $1.7bn from shareholders in the past eight years, and profits have collapsed as management has struggled to restructure the business. Meanwhile, Sibanye has been busy buying up platinum mines. In 2015, Sibanye agreed to buy Aquarius Platinum Ltd then it gobbled up some high-cost platinum mines from Anglo American Platinum Ltd. A year later, the acquisition of Stillwater, the only palladium and platinum producer in the US was announced. These deals have left it with high levels of debt, but they’ve allowed the group to achieve scale in the platinum business, something the acquired entities never had. This is why I’m positive on the deal. Not only are the shares still trading at a discount to the offer price, but investors who buy-in will end up owning a stake in what will become the world’s most dominant platinum miner.
scoble2
15/10/2018
16:11
SCOBLE Cannot account for what goes on in the mind of a PI.............But on the merger news I have taken a position and expect an uplift accordingly. IMO of course.
p investor
15/10/2018
14:46
If the merger price is .88p. WHY the share price does not move up?
scoble2
15/10/2018
12:19
5,500,000,000 South African Rand is the offer price equates to: £289,544,759 Pound sterling Based on LMI close price yesterday of .54P merger price = .88P
p investor
15/10/2018
11:41
what is the takeover price ? 65p ?
scoble2
15/10/2018
10:12
Lmi also now up14.80%
foxy22
15/10/2018
10:10
Sibanye gold up 14% jse
foxy22
15/10/2018
09:29
What is the bid worth ps based on current Sibaneye price?
wyken
15/10/2018
08:32
Thanks for infoJotoha
foxy22
15/10/2018
08:28
Looks like a few more shorts closing , takeover should be confirmed this week , 89p still first target.
jotoha2
15/10/2018
08:23
News anyone
foxy22
15/10/2018
08:22
Big jump just noticedwhy
foxy22
Chat Pages: 645  644  643  642  641  640  639  638  637  636  635  634  Older
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