cookie
30 Dec 2014
Hold and Vote No-That is what I will be doing when the time comes.
CF
30 Dec 2014
Hold and Vote NO - The way I see this is that most people on this board believe NAV to be 20p-30p. BOD own majority of shares and for sound business reasons want to take the business private, particularly if they can do this for less than NAV (but regardless of price the proposal has a logic, no one is behaving dishonarably). Minority investors are therefore in a negotiating position , if 25% of us look likely to say no it will make sense for BOD to up offer and we will probably meet somewhere between 10p and 20p. My view is that the only issue is price, its in everyone's interest to resolve this fast, but minority share holders have every right to try force price up by resisting initial offer-Good Luck to all
CF
22 Dec 2014
My Guess is best bet would be for someone to assemble block of shares which could stop the bid forcing concert party to up offer dont know how likely this is given fragmented ownership of shares outside concert party control but I cant see a downside to voting no
cookie
21 Dec 2014
RE:The FTO News Pack. I read that on Friday his comment was STICHED UP
cookie
19 Dec 2014
In a nutshell yes
cookie
18 Dec 2014
They come up with that price, due on the share price over 3mths
cookie
18 Dec 2014
Don't buy takeaways
cookie
18 Dec 2014
After 19 years of holding this share I am have made a lot but will be sad to lose the comments from you all
Nunquam
18 Dec 2014
ah well . I cant really complain. I first bought at I think half a p many yrs ago
Nunquam
16 Dec 2014
if this company could pay a regular dividend then I think the SP would rise considerably.
Nunquam
16 Dec 2014
one or 2 small divs in the preceding 2 yrs
Nunquam
16 Dec 2014
Apart form the big special dividend I think there were one or perhaps 2 same dividends in the preceding yrs, but my memory may not be correct.
cookie
16 Dec 2014
Bruce I agree patience, patience
Nunquam
06 Dec 2014
If say I owned half a one million pound house and the other half was owned by PIs then if I sell my house to my friend Mr B for one pound. The me and my friend Mr B sell the house for the true price of one million pounds. Then me and my friend have earned/stollen 250.000 pounds each and the PIs have lost all. Neat trick.
Nunquam
06 Dec 2014
Ok so is it someting like this . The majority share holders push the SP down and refuse to give dividends. Then they sell it to friends cheap and split the profit. Is this legal?
