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ASD Axis-Shield

469.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Axis-Shield LSE:ASD London Ordinary Share GB0008039975 ORD 35P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 469.00 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Axis-shield Share Discussion Threads

Showing 3976 to 3999 of 4175 messages
Chat Pages: 167  166  165  164  163  162  161  160  159  158  157  156  Older
DateSubjectAuthorDiscuss
29/9/2011
08:51
Its starting to head further North.
hotfinance14
29/9/2011
08:28
50000x2 @ 4.6 ???
doc robinson
29/9/2011
07:36
A lot of trades this morning.
hotfinance14
29/9/2011
07:19
Decent purchases this am. Who is it?
slaterlpj
28/9/2011
08:31
Do you expect another bid in 3 weeks time ?
hotfinance14
28/9/2011
08:13
Bought back in at £4.02 and will sell at £5.00 in three weeks time
holbycitydoc
28/9/2011
07:57
Edgar...I dont think ASD will sell for less than £7.50 per share.Alere know that the lipid panel is a massive threat to their revenues. Alere can go now and lets bite into their revenues.
hotfinance14
27/9/2011
11:08
Lets hope they hoover all day.
hotfinance14
27/9/2011
10:25
someone is hoovering up the shares !!
doc robinson
27/9/2011
07:44
Thanks cesar1.

slaterlpj - That is a very good point. Only downside is if they fail to get the required % and walk away, no bid emerges and share price falls further you've lost out. So if you think they will get the 50%, then BUY BUY BUY!

So looks like its 50% for the offer acceptance, and 75% for the delist.

tabber
27/9/2011
07:35
only need39% as already have 11% at these prices shareholderswill be tempted at 4.60 ???
doc robinson
27/9/2011
06:28
Surely Alere will be in the market today at 400 - 410 if they are serious about the bid
jpjp100
26/9/2011
21:54
Contrary to my earlier post, it appears they only need 50% now.
edgar3
26/9/2011
18:48
So, why not buy buckets full now at 410 ish, and get 460 by selling them to alere?

Is there anything in the Alere offer that states how long you must have held your shares for?

slaterlpj
26/9/2011
16:24
This is correct tabber
cesar1
26/9/2011
16:14
"If the Offer becomes or is declared wholly unconditional, it is the intention of Alere AS Holdings, assuming it becomes so
entitled, to acquire compulsorily any outstanding Axis-Shield Shares pursuant to the provisions of the Companies Act 2006
and to apply for the cancellation of the listing of Axis-Shield Shares on the Official List and trading on the London Stock
Exchange and Oslo Børs for listed securities. Delisting is likely to reduce significantly the liquidity and marketability
of any Axis-Shield Shares in respect of which the Offer has not been accepted."

Does this mean, if we dont accept the offer, but the offer reaches its 75% acceptance, they will buy the shares off us at 460 anyway? If so, then it makes sense to sit tight (assuming another offer, or increased offer comes about at some point). My main concern was that not accepting the offer, but them reaching the threshold meant you ended up with totally useless private shares. If they will buy them at 460, this isnt so much of an issue.

Can anyone clarify if they know for sure?

Cheers,
tabber.

tabber
26/9/2011
16:04
MMs trying to frighten investors at the end of the day, I think.

Still think that a deal over 460p will be done (ever the optimist!)

scobiebreasley
26/9/2011
15:53
there she blows ........
edgar3
26/9/2011
13:09
I wonder how much below the 460p offer price the bid can fall before Alere starts significant buying in the market?

Is it only going to accept full control this time round or will it build up a stake to something near 30% and come back again with another offer later if this one fails?

jpjp100
26/9/2011
08:46
Agree.

Alere are trying to give the impression that they don't give a damn - but if that were right, why not let the bid fail .... (ie: stick with the 90% acceptance threshold).

Against that ASD are, I believe, TOTALLY beholden to the institutional shareholders. They are trying to play hard-ball, but if the institutions panic and start selling, the price will drop like a stone, and that is not in anyone's interest, yours mine or the directors. ASD were clearly hoping for an increased offer: that avenue has gone, they are now tacitly inviting discussions.

The fact that the share price is holding up, sort of, makes me believe that the institutions believe a deal will be cut. So I'm inclined to hang in there. But it's a little scarey.

Edgar3

edgar3
26/9/2011
08:05
Poker it is, but with a difference.

Each players cards are in other peoples hands. i.e shareholders.

So the play is about who can frighten the shareholders more.

ASD say, you lose by selling too cheap.

Alere say, you lose by NOT selling, even if you think it is cheap, because you "aint seen nothing yet" if we walk away, and the share price plummets.

So each shareholder (proxy player), has to decide who to believe.

So, who do YOU believe?

We are all players in this. Even or especially the big shareholders.

slaterlpj
26/9/2011
07:37
This beats poker any day ...

As I understand it, the terms of the bid have been changed so that Alere now only require 75% of shareholders consent? Strikes me that they are a helluva long way off getting even 50%.

BUT ..... clear indication from ASD that they are willing to negotiate.

Presumably, in the next 14 days they will come under significant pressure from the big shareholders to obtain the best price available. With plunging markets, I suspect the big institutional holders will be extremely loathe to see a 30% odd gain in one of their stocks disappear, potentially overnight.

So how will it play out. Presumably ASD are in contact with the big institutions, will take soundings, and try to secure the best price possible. If this can't be achieved, my gut instinct is that the institutions will start accepting the offer.

Truth be told, this is all very new to me, and I haven't got a clue.

Fingers crossed!
Edgar3

edgar3
26/9/2011
06:58
fairly standard stuff this morning:

the offer is 460 say Alere, the offer is not enough say ASD

but, there is recognition in the ASD statement of a willingness to talk with Alere at a higher price.... 'The Board has been more than willing to engage with Alere if Alere were to put a proposal to the Board that fairly reflected the fundamental value of Axis-Shield. To date, no such proposal has been received from Alere.'

No other bidders so far

jpjp100
25/9/2011
14:36
Alere are not going to increase their bid - they are under huge pressure themselves and this sign of weakness would go down like a bowl of cold sick.
Investec may well be right in the long term but 460/530 is not going to be seen again for the next eighteen months at least. In current climes do you take 460p now and reinvest it later once the market turmoil has subsided or do you hang on and wait for management to deliver over the longer term. Bon Chance

alftupper
Chat Pages: 167  166  165  164  163  162  161  160  159  158  157  156  Older

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