Sirius Minerals Share Discussion Threads

[pazzuzu] 02/3/2020 21:06

Disappointing if your right

[pazzuzu] 02/3/2020 21:06

Why are you so confident of that?

[amaretto1] 02/3/2020 20:56

It won't pal, just all give it up now.It's already passed.

[beeezzz] 02/3/2020 20:52

If NO wins. an EGM should be called immediately, with a motion sacking the board, suspend share price until financial solution can be found, all Nominee account holders should have a bigger vote...
A Big fat NO

[amaretto1] 02/3/2020 18:51

So did i ... possible 1.7 pence.1700 squids....Will know by lunch tommorow.

[redirect12] 02/3/2020 18:00

Well i bought more today
Quick gamble

[dp1umb] 02/3/2020 17:27

No leak Jupiter’s voting in favour has probably sealed the deal.

[p@] 02/3/2020 17:03

Court Meeting 11.00 a.m. on 3 March 2020
General Meeting 11.15 a.m. (4) on 3 March 2020

[exbroker] 02/3/2020 17:02

graham2405

It would be very unusual to suspend ahead of a vote announcement. If the vote is NO then they may suspend if SXX is going into administration " pending clarification of the company’s financial position"

I think the vote is a YES and have bought another 500k today.
Here is a repost of my comments from earlier giving my reasoning. Hope this helps.

What seems to have been missed by all on here is the following.

1 Applying the Dee Valley water case the court will not block a deal if a majority of holders by number vote against but not the majority by shares. Its one share per vote not one man one vote.

2 AA can swap to an offer (its in the document which none of you have bothered to read) which requires only 50% + one share to go through. They can then buy in the market. You can remain a minority holder if you wish which is why a scheme is a cleaner way of executing the takeover.

3 If you stay a minority holder AA can compulsory buy you out when the get to 90%

4 If they end up between 50% an 89% then expect a thumping deeply discounted dilutive rights issue, you will then have to put up or be heavily diluted
5 Odey for all the noise he has made has only bought a tiny position, he can’t vote it all as some of it is on CFD.

[graham2405] 02/3/2020 16:51

What the odds on suspension first thing?

Then on a YES vote open for trading after result.....5.5p

Or on a NO vote, suspension continues until admin announced.

[pazzuzu] 02/3/2020 16:24

Why buy on a no vote? You expect a revised offer?

[costax1654x] 02/3/2020 16:18

Good luck boys !you needed!I don't think it will get the vote!So I'm expecting to buy around 2p tomorrow!but GL

[p@] 02/3/2020 16:05

Pretty rich turkey....LOL

[uncle andy] 02/3/2020 15:59

Turkeys voting for Christmas

[p@] 02/3/2020 15:52

8million share buy at 15:38 price 3.88p

[tonysss13] 02/3/2020 15:47

what time is the vote tomorrow?

[graham2405] 02/3/2020 15:34

"5.5p to a small shareholder is hardly gaining."

It sure beats 0p

[amaretto1] 02/3/2020 15:32

Well it's better than a kick in the teeth !! I'm thinking of all the jobs it will create ... much needed up there

[schofip] 02/3/2020 15:18

5.5p to a small shareholder is hardly gaining.

[amaretto1] 02/3/2020 15:16

I'm pretty sure it will .... Yorkshire folk are not thick ! And very tight ... every penny counts.

[itsnotmeitsy0u] 02/3/2020 15:06

there is no way it will be voted though tomorrow imo

[graham2405] 02/3/2020 15:01

"The only person who actually gains from plan A is CF."


That is clearly untrue.

Many people will gain from plan A, and thousands will lose if plan A fails.

[schofip] 02/3/2020 14:47

The only person who actually gains from plan A is CF.