Upland Resources Share Discussion Threads

[shortcpx] 23/10/2023 11:35

Careful boys. Don't sell for cheap. Disreputable broker told me FCA Investments are circling for a bidding war. I suspect circling because one leg is shorter than the other. GLA

[haggismchaggis] 23/10/2023 11:29

I predict a bid from SEC within the allowed time limit, at a higher price of 18p, hence I have taken a position. 3x this price for a smallish short term punt is worth the bet imvho. This bid could also wake up other companies including existing project partners, which brings up the possibility of a bidding war.

[riskyinvestor] 23/10/2023 11:27

Put Tower Resources (TRP) on your watchlist

That could do an Uplands style rise

[truant2tb1] 23/10/2023 11:27

RichsifFill your boots here! The share price will collapse in a matter of wks... suckers are being taken for a rideSuckers like yourself ?

[richsif] 23/10/2023 11:26

For those just tuning in. Truant is massively short. He was short at 3p, so with the share price now double that he is goosed and very desperate. Pray for him. :-)

[stockport loser] 23/10/2023 11:24

Firestarter is going to do a big short here soon, just needs his universal credit payment first.

[buffinman] 23/10/2023 11:18

iceagefarmer: there is no offer:

"an unsolicited, very preliminary approach regarding a possible offer for Upland at an indicative price of 14p"

[neo26] 23/10/2023 11:11

I think they are a front for larger player..

[iceagefarmer] 23/10/2023 11:03

whats their market cap sec?

[ym] 23/10/2023 11:02

SEC is the bidder company from router news.

[neo26] 23/10/2023 11:01

In coming days the share price will go higher.Sp consolidating nicely..

[iceagefarmer] 23/10/2023 11:00

is this too good to be true...offer at 14p and only 6.5p to buy...need more info from management

[neo26] 23/10/2023 11:00

We will hear more in the media in coming days. Thats for sure.

[neo26] 23/10/2023 10:59

Its harder to list on main mkt than aim.They have a potential large resource.

[ronson333] 23/10/2023 10:52

A week from now Jaknife you’ll be in more debt due to your short.

[stockhunters] 23/10/2023 10:50

there is no nomad on main listed companies

[doughty] 23/10/2023 10:47

yes all noted soulsauce

[jaknife] 23/10/2023 10:45

A week from now they will have to publish their accounts which will show:

* no revenue but plenty of costs
* net assets of less than 0.2p a share
* dangerously low on cash
* not much more

so time is running out to sucker in retail punters

[throwingmuses] 23/10/2023 10:43

Probably one of the local majors behind it though

[soulsauce] 23/10/2023 10:40

Indeed Hoper1

[hoper1] 23/10/2023 10:38

Interesting. Bidder is Chinese at the same time as a Chinese company is building a huge refinery in the same area...

[haggismchaggis] 23/10/2023 10:36

I'd have thought that any bidder would have just bought the stock in the open market until they had a huge holding, then make the bid. This is what often happens, as it saves a load of money on the deal, having bought X percent of the company at much lower prices. So I just find it very odd that SEC have just popped up out of the blue with an offer way way above the market price. What do they know that we don't, and why the urgency to get the bid in rather than take time to accumulate first?

[throwingmuses] 23/10/2023 10:22

How do you know they'd be mad to turn down 14p until you get more info on the block? 14p is a first cheeky attempt, the co and the bidder can value this better than the market. Next bid in the 20s probably also rejected, wouldn't be surprised if it also draws out competition