Reabold Resources (#RBD) – “Day 59 Acceptance Level Update”, up to just 13.1% acceptances towards offer for Union Jack Oil (#UJO)

Reabold Resources (#RBD) – “Day 58 Acceptance Level Update”, embarrassingly just 9.5% acceptances towards offer for Union Jack Oil (#UJO)

Will Reabold’s humiliation be announced Friday or Monday? A share only for lemmings either way.

56 days after it launched its bid for Union Jack Oil (UJO), Reabold (RBD) today announced that acceptances are, as of 1 PM yesterday, up to 6.2% from 5.7% a week prior. That is humiliating.

Reabold bites back at Union Jack – this is pointless, it is just nose candy money for the City

Last week the new board at Union Jack Oil (UJO) fired off a circular explaining why the takeover by Reabold Resources (RBD)recommended by the old board should be rejected. Today Reabold has fired back. I very much doubt anyone will be swayed by either document, the whole exercise just racks up more PR fluffy and professional fees. It’s more cash for the City to splash on nose candy, less for either company to spend on oil exploration. To be fair to Reabold’s evil PR genius Billy Clegg…

Reabold Resources (#RBD) – re. its Union Jack Oil (#UJO) offer, “believes the rejection by the new board of the offer to be self-serving”. Er, what about the offer itself?!

More Reabold dirty tricks with scaremongering & misleading RNS as its Union Jack bid flops

On Friday we will get another update on the level of acceptances for Reabold Resources (RBD) doomed bid for Union Jack Oil (UJO). I fully expect almost nobody has accepted the (crap) offer since last Friday when acceptances were just 5.7%. Friday will also see the new board at Union Jack publish a circular explaining why folks should reject the offer. So today Reabold has played a dirty trick

Reabold Resources (#RBD) – “West Newton Update, Data Centre Feasibility Study”, attempted ramptastic

Reabold Resources (#RBD) – offer for Union Jack Oil (#UJO) “Day 35 Acceptance Level Update”… just 5.7%

Reabold Resources (#RBD) – just 2.35% Union Jack Oil (#UJO) prospective acceptances… and that including 2.14% from directors!

Fagash writes to the Takeover Panel - it is quite simply failing on the Reabold offer for Union Jack Oil

My letter yesterday to the Panel demonstrates that it is failing in its duty "to ensure fair treatment for all shareholders and an orderly framework for takeover bids" which is what it claims to do. Now Peter Brailey has gone a step further with a detailed letter sent yesterday. Enjoy.

I have written to the Takeover Panel

According to its website “The Takeover Panel is an independent body whose main functions are to issue and administer the Takeover Code and to supervise and regulate takeovers and other matters to which the Code applies. Its principal purposes are to ensure fair treatment for all shareholders and an orderly framework for takeover bids.” With regard to the (crap) Reabold Resources (RBD) offer for Union Jack Oil (UJO) it is failing to do its job. I have sent it a letter

Reabold still sitting on the Letters of Intent number – what is the Takeover panel smoking?

I know that the number of shares in Union Jack Oil (UJO) now pledged to reject the (crap) offer from Reabold Resources (RBD) is not 18.13% but now in excess of 23%. And Reabold knows this and has known it since Friday. Yet there is no RNS.

BREAKING: Reabold writes to Union Jack shareholders as deal faces collapse: I reveal what it is hiding & a blatant lie

Shareholders in Union Jack Oil (UJO) have received begging letters from Reabold Resources (RBD) offering them a chance to chat to the clowns running Reabold and making the case for its crap all paper offer. But it is NOT telling folks the bad news. The letters are grossly misleading. In fact they contain an outright lie. Have advisors and AIM regulation really approved this deception?

Just how bad has it got for Reabold Resources that it’s breaching Takeover Panel Rules? What is it hiding?

On Friday, Reabold Resources (RBD) finally, only after pressure from this website, fessed up that shareholders owning 14.09% of Union Jack Oil (UJO) equity had sent in letters of Intent saying they would reject their (crap) all share offer. Since then, matters have got worse.

EXPLOSIVE: Craig Howie letter to Reabold, it breaks Takeover Panel rules in NOT publishing

Thanks to Winnileaks I shall instead publish it in full below!

A letter to the CEO of Reabold Resources: 9 Questions on Fiduciary Duty, a slumping share price, Union Jack's board & other matters

I have dropped a note to Sachin Oza, the CEO of Reabold Resources (RBD) with a series of questions regarding his company’s all paper bid for Union Jack Oil (UJO) in light of matters happening today

Reabold Resources (#RBD) – agreement to raise £1.9m via a shares subscription at 0.1p per share… conditional including on raising a further £1.1m

Reabold Resources (#RBD) – Nomad Strand Hanson due diligence on requisitioned GM proposed directors “remains ongoing”

Reabold Resources (#RBD) – further investment into LNEnergy

Reabold Resources (#RBD) – argues “purported” General Meeting requisition notice “contains several material deficiencies” and is not valid