pyueck
29 Jul 2016
Re: Kite Lake Capital Management I don't think this purchase is the reason for the move. I think the reason is that their credit rating has been upgraded which should allow the debt to be refinanced at lower rates and also a sign of confidence in the business.Hopefully a bid will come but no sign of one yet I'm afraid. Even if one comes who can be sure that the management won't just bat it away like the last one.
Fred Prior
29 Jul 2016
Kite Lake Capital Management have increased their long position by 500,000 shares today.Thats confidence for you.Hopefully we got an incoming soon, one that trumps the 65p "officially" offered by Mc's and also trumps the "unofficial" 75p offer.Fingers crossed, this could be an interesting few weeks, as since the Brexit saga, a foreign prowler can save 10% due to currency exchange.Heres hoping.
pyueck
29 Jul 2016
Re: somethings cooking Think it's due to:[link]
Fred Prior
29 Jul 2016
somethings cooking an it aint Niss noodles
alfa-spider
27 Jul 2016
article [link]
