Red Rock Resources Share Discussion Threads

[bam bam rubble] 13/6/2014 12:31

The convertible loan announcement on 30th of April mentioned two tranches would be
withheld until the shares are allotted to YA at the end of May then at end of June.

May's placing announcement was on the 30th, so the next one should be 30th of June
with the 15-day selling period running from June 10th until then. The price action
so far looks par for the course;

[bunky3] 13/6/2014 11:31

Leave my uncle Dan out of it!!!

[backmarker] 13/6/2014 11:18

I think Dan the Man is actually Bunky......

.... well, it's about as credible as most things on this board.

[kezman01] 13/6/2014 10:33

Heading for the 2's again.
Who woulda thunk !!
DS to reception, YA are looking for you..

[fangorn2] 12/6/2014 18:44

Lmao.

"If sufficient purchasers are there there is no reason why equity devices that may be in motion cannot be batted away as if they did not exist. "


So basically there is some sort of Equity swap/financing in the pipeline then...As we all knew anyway.

You couldn't make it up.

Is AAE Bell's mouthpiece to gauge sentiment?

[johndee] 12/6/2014 18:03

Looks like RGM's share price will again pass RRR one way or another.

[atino] 12/6/2014 16:40

'Yes' uncle Andrew/Aunt Natasha ! LOL

(...you have gotta love this dude - I'm telling ya:-)) hahaha

[bunky3] 12/6/2014 16:29

It would be your uncle

[hopeless698] 12/6/2014 16:24

Yes...and the Gold price could explode especially towards the end of 2014 and well into 2015. DYOR

[atinos auntie ettie] 12/6/2014 16:15

If as the case may be, Daniel has completed his purchasing and has no more to give, it is sensible and practical to believe other shareholders will follow that example and look to improve on their averages. If sufficient purchasers are there there is no reason why equity devices that may be in motion cannot be batted away as if they did not exist. Recollect, the equity line facility was in place before and during the company's most successful period share price wise. It does not prevent upward movement provided the buyers are there in size and in regularity. Do your bit and the recent rise is sure to be sustained.

[currypata kai] 12/6/2014 10:45

who is Daniel Sklan ? is he brokerman Daniel ?

[atino] 12/6/2014 09:56

...(now THAT...is YOU...at 'YOUR BEST' KEZ:-)) ^__^ 'Thanks' for shedding light...

[i knew the 'UK T/O code'...but the Canadian one...just seemed more 'enticing' to mention:-]]] LOL hahaha

[kezman01] 12/6/2014 09:26

In the UK it's 30%, but you can include other holdings if you are part of a "concert party".


When a person or group acquires interests in shares carrying 30% or more of the voting rights of a company, they must make a cash offer to all other shareholders at the highest price paid in the 12 months before the offer was announced (30% of the voting rights of a company is treated by the Code as the level at which effective control is obtained).
When interests in shares carrying 10% or more of the voting rights of a class have been acquired by an offeror (i.e. a bidder) in the offer period and the previous 12 months, the offer must include a cash alternative for all shareholders of that class at the highest price paid by the offeror in that period. Further, if an offeror acquires for cash any interest in shares during the offer period, a cash alternative must be made available at that price at least.
If the offeror acquires an interest in shares in an offeree company (i.e. a target) at a price higher than the value of the offer, the offer must be increased accordingly.

[atino] 12/6/2014 08:49

Morning Viv:-) Your hunch was RIGHT ^__^ 10% crossed:-)


DAN JUST 'CONTINUES' TO INCREASE HIS HOLDING IN RRR.

HE JUST BOUGHT MORE 'AGAIN' !! ^__^ 10% now (...equivalent to RGM levels!)


In Canada...if a 10% level is crossed...a early 'warning report/notification' must be filed...warning those of a 'potential Takeover' ^__* (...good job we're not in Canada huh Viv ? Hahaha LOL)

PS - at the 20% level...YOUR OBLIGED...to make a 'formal bid' !!

[vivgav] 12/6/2014 07:05

RNS

Daniel Sklan up to 10.23%

[steve1905] 11/6/2014 07:37

In a nutshell, if you remember Bell's preposterous predictions and supposed sales of assets - they all came to nothing.

[backmarker] 11/6/2014 04:42

Btw, whatever happened about the Kenyan tailings project ?

And did anything ever get resolved regarding Kansai ?

[I haven't been following the RRR saga very closely of late.]

[backmarker] 11/6/2014 04:39

All we need now is some positive news about Chiwefwe.