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Discussion in 'General Chat' started by stopmeandslapme, Oct 26, 2011.

  1. stopmeandslapme

    stopmeandslapme Well-Known Member

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    This is as near to a "dead cert" as it gets on AIM.

    Subject to shareholder approval at the General Meeting which is being held today, Bezant Resources will sell one of its assets: The Mankayan Project (a copper/gold porphyry project in the Philippines) for $70 million to Gold Fields Netherlands Services BV. 50% of the proceeds of the sale will be returned to shareholders as outlined here. At the current exchange rate of $1.60 = £1.00, that works out at 33.6p per share. Current share price is 33.8p so effectively shareholders buying now will get all of their investment back plus free shares in a well funded company with 2 major projects.

    This is a tip not a promise and like I said, subject to shareholder approval at the meeting today.
     
    #1
  2. EDGE

    EDGE Guest

    Good tip slapper. <ok>

    Have you invested?
     
    #2
  3. - jordan -

    - jordan - Active Member

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    please log in to view this image
     
    #3
  4. African_Taig

    African_Taig New Member

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    Now that your rose is in bloom
    A light hits the gloom
    On the gray.
     
    #4
  5. Steevee

    Steevee Active Member

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    shareholder did not approve
     
    #5
  6. Gambol

    Gambol George Clooney's wee brother

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    You teasing bitch.
     
    #6

  7. ex-german exile

    ex-german exile Member

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    WTF am I going to do with all those shares now?
     
    #7
  8. stopmeandslapme

    stopmeandslapme Well-Known Member

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    Of course, I bought these in December for around 40p. Glad I'll be getting most of my money back. For someone buying today, it's a no-brainer.
     
    #8
  9. stopmeandslapme

    stopmeandslapme Well-Known Member

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    Yes they did.
     
    #9
  10. leavemyarsealona

    leavemyarsealona Member

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    I have shares in Glaxosmithkline anyone want to buy them off me?
     
    #10
  11. monacoger

    monacoger POTY 2021

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    Was that you that sold 15.88k worth of shares half an hour ago?!
     
    #11
  12. stopmeandslapme

    stopmeandslapme Well-Known Member

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    Keep them, they pay about 5% in dividends and are undervalued at the moment due to market conditions and a general undervaluing of the pharmaceutical sector.
     
    #12
  13. - jordan -

    - jordan - Active Member

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    what will you be spending your £33.80 on?
     
    #13

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