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Aveng (AEG)...free lunch?!

Aveng AEG small cap construction

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#1 Blackobar

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Posted 06 July 2018 - 11:45 PM

Could this be a very expensive (but cheeky) way that ATON prevents the merger between MUR and AEG? With 25% of the shares, can they not block any takeover offer? Also, their R17 offer is not unconditional yet. Maybe, just maybe … :huh:


ATON is playing chess here, they want to block MUR from acquiring AEG. We'll see how this plays out.
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#2 Shi

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Posted 06 July 2018 - 11:37 PM

very very interesting.....no response from market yet! So first they taking over MUR...now Aeg??

 
Bloody surprised because they didn't want MUR to buy AEg.

 

 

Could this be a very expensive (but cheeky) way that ATON prevents the merger between MUR and AEG? With 25% of the shares, can they not block any takeover offer? Also, their R17 offer is not unconditional yet. Maybe, just maybe … :huh:  


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“One day Alice came to a fork in the road and saw a Cheshire cat in a tree. Which road do I take? she asked. Where do you want to go? was his response. I don't know, Alice answered. Then, said the cat, it doesn't matter.” - Lewis Carroll

#3 Queen B

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Posted 06 July 2018 - 03:50 PM

Yip, 31mil shares traded today. Market like it


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#4 Polly

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Posted 06 July 2018 - 03:09 PM

moving up again....2c since news....excellent news


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#5 Polly

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Posted 06 July 2018 - 01:40 PM

In accordance with Section 122 (3) (B) of the Companies Act 71 of 2008 (“the Act”) and Para 3.83 (B) of
the JSE Limited Listings Requirements, shareholders are hereby advised that Aveng has received formal
notification on 5 July 2018, that Aton GmbH and its wholly owned subsidiary Aton Austria Holdings
GmbH, have in aggregate, acquired an interest in the ordinary shares of Aveng, such that the total
interest in the ordinary shares of Aveng now amounts to 25.42% of the total issued ordinary shares of
Aveng.

 
 
 
very very interesting.....no response from market yet! So first they taking over MUR...now Aeg??
 
Bloody surprised because they didn't want MUR to buy AEg.

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#6 Polly

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Posted 21 June 2018 - 01:32 PM

What options do AEG have if MUR doesn't table an offer? MUR's SENS earlier stated that due diligence still needs to be done. This also means an offer is at least a few weeks away.

business as usual with better liquidity to do business with long term bond paid off. Think that MUR offer will be a bonus . Still lots of value here


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#7 Shi

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Posted 21 June 2018 - 10:44 AM

What options do AEG have if MUR doesn't table an offer? MUR's SENS earlier stated that due diligence still needs to be done. This also means an offer is at least a few weeks away.


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“One day Alice came to a fork in the road and saw a Cheshire cat in a tree. Which road do I take? she asked. Where do you want to go? was his response. I don't know, Alice answered. Then, said the cat, it doesn't matter.” - Lewis Carroll

#8 Queen B

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Posted 21 June 2018 - 10:32 AM

Nicely done Polly!


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#9 Polly

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Posted 21 June 2018 - 09:45 AM

sold 50% of npl for 9c....other 50% will be free trade with option to take up shares up @10c....which i wll do  ie convert at 10c to aeg shares

 

So getting free aeg shares   :)


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#10 Polly

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Posted 19 June 2018 - 06:13 PM

9 cents now!

Over 280 million NPL's traded today

I should have been more patient :D

:)  :)  :)


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#11 Queen B

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Posted 19 June 2018 - 05:19 PM

9 cents now!

Over 280 million NPL's traded today

I should have been more patient :D


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#12 Polly

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Posted 19 June 2018 - 02:48 PM

South Africa�s Aveng shares leap as M&R moves closer to tie-up
JOHANNESBURG, June 19 (Reuters) - Shareholders in South Africa�s Murray & Roberts voted on Tuesday for the company to look into a potential tie up with construction rival Aveng, sending Aveng's shares around 25 percent higher.
The resolution got the backing of 52.06 percent of votes at the Murray & Roberts' (M&R) annual shareholder meeting.
M&R and Aveng announced the potential merger in May, saying it would create scale in M&R�s key markets such as Australasia and Africa, while shoring up liquidity in loss-making Aveng in the near term.
"We are obviously very pleased with the way the voting went this morning. It is a demonstration of shareholder democracy," M&R Chief Executive Henry Laas told the media after the meeting.
The board of M&R will now move to finalise the terms of the proposed offer with the board of Aveng and then present a formal offer.

nice , very nice....+ 50c now new prediction


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#13 Queen B

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Posted 19 June 2018 - 02:24 PM

South Africa�s Aveng shares leap as M&R moves closer to tie-up
JOHANNESBURG, June 19 (Reuters) - Shareholders in South Africa�s Murray & Roberts voted on Tuesday for the company to look into a potential tie up with construction rival Aveng, sending Aveng's shares around 25 percent higher.
The resolution got the backing of 52.06 percent of votes at the Murray & Roberts' (M&R) annual shareholder meeting.
M&R and Aveng announced the potential merger in May, saying it would create scale in M&R�s key markets such as Australasia and Africa, while shoring up liquidity in loss-making Aveng in the near term.
"We are obviously very pleased with the way the voting went this morning. It is a demonstration of shareholder democracy," M&R Chief Executive Henry Laas told the media after the meeting.
The board of M&R will now move to finalise the terms of the proposed offer with the board of Aveng and then present a formal offer.


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#14 Polly

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Posted 18 June 2018 - 03:54 PM

and we have 6c on the board


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#15 Polly

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Posted 18 June 2018 - 03:22 PM

and 10m npl at 4c eaten...now at 5c


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#16 Polly

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Posted 18 June 2018 - 03:01 PM

How do you get 40c I wonder

 

this ones valued much more than this....pity they went all or nothing on rights issue at 10c....free lunch confirmed in my opinion


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#17 Shi

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Posted 18 June 2018 - 01:58 PM

with AEG trading at 17c, npl worth  at least 7c now!! easy money here. Need to be patient! I say aeg will trade around  40c after npls close!

 

How do you get 40c I wonder


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“One day Alice came to a fork in the road and saw a Cheshire cat in a tree. Which road do I take? she asked. Where do you want to go? was his response. I don't know, Alice answered. Then, said the cat, it doesn't matter.” - Lewis Carroll

#18 Polly

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Posted 18 June 2018 - 12:00 PM

and that will take  npls around 30c...Lots of patience required!


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#19 Polly

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Posted 18 June 2018 - 11:59 AM

with AEG trading at 17c, npl worth  at least 7c now!! easy money here. Need to be patient! I say aeg will trade around  40c after npls close!


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#20 Polly

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Posted 16 June 2018 - 12:57 PM

Tuesday is D-Day bro

Don't leave it too long

Holding thumbs you get your 5

Is that date not 26th June?? last day to trade npls??


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