Red Emperor Resources Nl Share Discussion Threads

[barony] 03/6/2021 11:14

Confused by this, but the plan is to re-list on Aim once the acquisition is completed. If I wanted to trade my shares, I would have to transfer to ASX but that costs. Do I still have my shares when the co. comes back on AIM? Don’t know, but hope so.

[5cer] 20/5/2021 11:39

What's the position now for aim/uk shareholders ?

[appleluvschildren] 07/5/2021 16:27

I only have 35,000 shares held with HL.....What's the best course of action?

[barony] 07/5/2021 10:54

HL hitting me with big charges as they don’t handle Aussie shares, so have to transfer to hsbc, who charge £110 minimum!!! Bad enough my 160k shares are worth buttons!

[cwebb07] 20/4/2021 12:11

Should be fineGap up in July

[cwebb07] 20/4/2021 12:10

It is currently intended that re-admission to trading on AIM for the enlarged entity will then be sought as soon as practicable (targeting July 2021) following successful completion of the Proposed Acquisition and capital raising on the ASX in order to restore the enlarged entity's dual listing at the earliest opportunity.

[barony] 14/4/2021 09:35

Looking forward to being a platinum and palladium miner. Gets us away from risks associated with dreaded dirty oil. In Oz too, so friendly government.

[romeoandjuliet] 12/4/2021 07:58

Won't be long until we are back and returning to the moon

[flyinggogo] 11/4/2021 18:15

Been watching 88e recently, the similarities with their time frames/price fluctuations/outcome was crazy. Makes me wonder if any of them ever actually drill, or do they just copy and paste RNSs and kick back...Is there a cut off time for our suspension here after which they just dissolve the company and divvy up the cash reserves?

[officerdigby] 05/3/2021 11:57

rom Half year report:
"REVIEW OF OPERATIONS
Corporate
During the reporting period, Red Emperor continued t “Re-admission....

...The Company has recently made an application to ASX in respect of a proposed transaction under ASX Listing
Rule 11.1, which is under consideration, and the Company’s ordinary shares remain suspended from trading
on both ASX and AIM."

So in hands of ASX regulator?..

Which presumably refers to investing in the Panton Sill project in some way. As reported in Western Australian share news.

[cwebb07] 17/2/2021 08:16

Anyone know when something is happening here

[showmethemoneyhoney1] 29/1/2021 08:28

Maybe Chinese education following Range Resources again?

[apfindley] 20/1/2021 07:42

Too many comings and goings of assets here with no development. Just moving around to keep the company alive.I haven't really been back here since the Somalia fiasco, and they've never since convinced me that any of their intended ventures are worthy of investment, and none have. So what part of the world next?Or will they be going into fintech or bitcoin or covid or gold...who knows.For a much better and fully clean main listed cash shell looking for an acq/rto, check MUST.

[traderinthemaking] 20/1/2021 07:10

Looks like it is back to the RTO, no distressed assets purchase.

TITM

[traderinthemaking] 20/1/2021 06:29

Morning Officer,

I do agree that the repeated 2M buys was puzzling but I had too many RMPs between the various accounts to be willing to simply leave them on black or red.

It will be interesting to see what the "potential" acquisition is and I look forward to see what will happen to my remaining stakes.

TITM

[officerdigby] 19/1/2021 22:32

I understand why you all had to sell.

But something in my water was telling me it was not DOA... With the picking up of shares in the BG.

and here it is..... ON ASX.

IT's on after all...

Trading halt in ASX pending aquisition announcement.

Release Date: 20/01/21 09:22
Summary: Trading Halt
Price Sensitive: Yes
The announcement content will be available in 15 minutes at 09:42

[officerdigby] 19/1/2021 09:26

Hi whoever,So does seem like suspension then. It would seems wise to get out to preserve capital. Or reduce risk.And yesterday was capitulation on that front. However, in the last days still seeing the 2,000,000 buy repeated over an over...Either Someone does care chucking a lot of money away or something else...?

[traderinthemaking] 18/1/2021 10:40

I have decided to sell and keep only a token holding in my ISA as I did not want to potentially lose the tax free wrapper.

Everything remaining in SIPP and ISA are in for the good, the bad or the ugly - Que sera, sera :)

TITM

[officerdigby] 17/1/2021 15:06

As an AIM Rule 15 cash shell, the Company is required to make an acquisition, or acquisitions, which constitute(s) a reverse takeover under AIM Rule 14, or alternatively seek re-admission to trading on AIM as an investing company pursuant to AIM Rule 8, within six months from 21 July 2020, failing which the Company's ordinary shares will be suspended from trading on AIM pursuant to AIM Rule 40 and cancelled from admission to trading on AIM if such a transaction has not been completed within a further six month period thereafter.


Seems like there was support buying here last week that kept the share price up as most sane people bailed...?

[jaspoland] 17/1/2021 13:15

Are we expecting an announcement before the 21st Jan? That will be the 6 months up. Could be an interesting week. GLA
Edit i see it's the 24th July so 24th Jan is the deadline

[alexios1201] 17/1/2021 13:01

AMOISPAC £900k Cash £900k McapSpecial Purpose Acquisition CompanyShells are trading at multiplesAMOI Listed 26Oct raised $1.2M cashCurrently trading at cashPerfect opportunity

[traderinthemaking] 14/1/2021 09:09

Morning,

Assuming nothing gets announced, what are the possible outcomes within the 6-month limbo?

To me, I only see two:
- A deal is made within 6-month and trading on AIM once conditions are met.
- No deal is made and the AIM shares get swapped 1:1 from ASX ones.

Without the ASX listing nor the cash in the bank, the 3rd option would have been for the AIM shares to become worthless and be voided but I don't believe this could happen. They would have to swap them for ASX ones, no?

Interested to hear your thoughts.
TITM

[traderinthemaking] 05/1/2021 19:09

Thanks. I had assumed that we were delisting automatically, I did not realise there would still be this 6-month limbo.

TITM