Oriel Resources Share Discussion Threads

[westy5555] 26/3/2008 08:17

but no chance - 46% committed, so no chance of a counter bid, and presumably those who sell cheap get first dibs on pre-ipo shares of Mechel next year. Retail punters miss out

[supersturrock] 26/3/2008 08:11

Agree - absolute steal. Still trying to find mention of the warrants.

[westy5555] 26/3/2008 08:07

too cheap some russian skullduggery here

[supersturrock] 25/3/2008 21:00

Looking more and more like 125p discounted back. What a snip !

[jswift] 25/3/2008 20:56

I am so cold today I could be in russia!

[supersturrock] 25/3/2008 15:41

No Jswift. wait your turn - you are only a PI and probably not even Russian !!

[jswift] 25/3/2008 15:25

moving fast this afternoon, have I missed some news?

[jswift] 24/3/2008 20:18

or when

Reading the link above gives me the thought that the bid ( when and if it comes ) might be an USD amount, this might be a reason why no one here is prepered to say what level the bid will be at.

[sg31] 24/3/2008 11:07

Seems like they think its a done deal,would someone like to consult the shareholders?Still no mention of price.

[flagon] 23/3/2008 23:49

Interesting link ->

Analysts expect an all cash offer.


Good luck,


Flagon

[protean] 20/3/2008 07:56

I think most people will be hoping for more. And if a bidding war breaks out then it could certainly fly much higher.

£1.20 is still a very useful 10% upside in a short space of time right enough and in these markets that's not to be knocked.

[sg31] 19/3/2008 23:18

That implies you would sell at £1.20,anyone else.

[jswift] 19/3/2008 23:14

we might be lucky and get more but we have to see what the company agrees to

[sg31] 19/3/2008 23:02

Would anyone sell at £1.20,Come on own up.

[protean] 19/3/2008 20:31

Hi, using the current market cap value on ADVFN, the extrapolated market cap assuming a £1.20 bid would be £763.8m i.e. (1.20/1.09) * £693.8m

[jswift] 19/3/2008 19:48

Hi Protean, Quick question, If the price was 1.20 would you know what the market value be??

[protean] 19/3/2008 18:01

The price is moving up strongly again. Could the bid be just round the corner? And what price might it come in at? £1.20?

[supersturrock] 18/3/2008 20:37

Yes, so what is the rumour - someone please ?

[jswift] 18/3/2008 19:31

Assume it must be a bid about 10% above current price when? only assuming, what would a fair price be????????

[stanojka] 18/3/2008 17:39

So what's the rumour??

[marycurer] 18/3/2008 17:29

i see those lively lads at watshot.com have started a rumour today

[supersturrock] 18/3/2008 12:10

Quite frankly I would be happy with ANY news !

[jswift] 17/3/2008 18:29

Bad market, shares move up, could be good news to follow?