RE:RE:WE ARE NEXT , BE PATIENTResearch Pallinghurst and you will most likely not like what you will find out. A little taster of what they done with Gemfield;
GEMFIELDS RETURNS AFTER LOW-BALL TAKEOVER
Gemfields returns to the market around 30 months after being the subject of a bitter bidding war in which Pallinghurst won, though not without controversy after accusations that it acquired the company on the cheap.
Pallinghurst launched an unsolicited bid in 2017 for the 53% of Gemfields it didn’t own in an offer which contained no premium to Gemfield’s 39p share price at the time and valued the company at £211m.
Pallinghurst needed approval from investors owning at least 75% of the shares, but that approval wasn’t too difficult to gain as it already owned 47.09% of the business.
Minority investors weren’t best pleased with the outcome, arguing the firm was being sold on the cheap, especially considering stockbroker Numis said at the time that fair value for Gemfields would be 94p per share.
The link
https://www.sharesmagazine.co.uk/news/shares/faberge-owner-gemfields-returns-to-aim-after-three-year-absence
Research It was always my intention to buy some NOU until a) The Nemaska Lithium debacle, and b) I researched Pallinghurst (it is a lot worse when you delve deeper than the above.
GLTA you good people, you'll need it now you have invited the spirits into your house.
TicTacTo wrote: Les prochains se faire fourrer par les escrocs de Pallinghurst, ils vont avoir une hypothque sur les actifs pour une mise ridicule de 20 millions.