The Official Stocks and Shares Thread

Cheers mate, I think i will hold for now, but i will definantely be investing with this one in the near future...............

Splitting the company makes t/o easier for potential bidders. I think Encore will be taken over really soon (like next 3 months) once they've done all the drilling they plan to do in Cladhan and Catcher and proved up those reserves. I don't think XEO is as likely to be bought, i mean it's basically all exploration assets, i expect Booth will decide to take that on and explore it himself; he'll walk away from encore with 200p a share in his bank account.

I'm just hoping that Xcite gets this reserves report out soon so i can sell and move half into encore and half into range before they both increase much more.

I really do wonder about some of the people on BB's. 'Keep selling DES people cause you're doing others a massive favour. DES are more likely to get taken over for a high price now that they don't have oil'. Do some people really have nothing better to do at 1pm on a Monday.

Yeah don't blame you, most on here seem swing traders with a max timeframe of 3 months, so am I but all portfolios should have a 'risk-free asset' if you get what I mean

Oh dear DES... I know some here were/are in DES - really hope you didn't get burnt.

lost 500£ in Des, but ill buy again when it reaches 5p barier, which is looking very likely

Trading halt on RRL on the ASX pending news of a "significant acquisition". Whoever didn't get in today seems to have lost their chance.

RRL trading on the AIM market still, after they suspended it on ASX. Why would they still allow RRL to continue to trade on AIM? Never had any of the companies i own being takenover, so am confused

The ASX has much stricter regulations that the AIM, thus a trading halt. They are not being takenover, they are aquiring an asset. Most likely to be 100% TT, which could add between 10-35p to the SP. They have to declare the news before opening on the ASX on Thursday (Wednesday night here) or face suspension. So expect something big soon.

Cheers!

My thinking was, if news was big, then wouldnt the share price have rose considerably, yet its still at 23p ish

Also, people on the BB are talking about a placing at 17p, to raise more cash. Whats your thinking?

for anyone in HER....

just released an RNS this morning.....and its smoking hot.....I'd advise anyone who can to get in at this price, as I personally see this as the next BEM....if not better tbh due to the metals and their quantities....and their prices

A lot of people are in HER (excuse the pun) here I think... you really see it being as good as BEM?