Supply@me Capital Takeover Rumours (SYME)

So that everyone is clear about the significance of the debt conversion which notably is well above the current price. The cleaning up of the balance sheet is essential for the SI to put in money, the Foundation deal and then of course a potential takeover. This is an extremely prudent step by the MIN board….

So to be clear what is about to happen at MIN. A strategic investor/partner is likely to put in a substantial sum at no less than 1p which will then enable the updated Foundation deal. After this happens it would be surprising if the price wasn’t above 2p as the prospects for the project will be significantly enhanced. At that point the company will be extremely vulnerable to a takeover bid because there are numerous investors who know the true value of the asset. Oh and there is rumours of interest from Qatar; the future looks extremely bright!

Of course the point about MIN is that the announcement of a Strategic Investor in the very short term will lead rapidly to an updated Foundation Deal. It will be clear at that point the company is transformed and the associated valuation will rerate appropriately. In addition at that stage the company will be vulnerable to a takeover as there are a lot of powerful groups who know the true value of the project. There is no way such a bid could be below 3p…..

The share price will not cost them. I don't understand that part. Any takeover you have to pay for it. Also how on earth such a giant will be interested about Syme...

"Its written in the stars" And Sachs takeover book Maybe Sachs create the star maps

Sachs about to make a big move here. Not sure if directly or on behalf of an Asian company/fund If it's not in china, then the asian takeover will be direct