Coretx Hldgs Share Discussion Threads

[srpactive] 14/4/2006 13:41

hit walked away probably because the did a
deal with the chorion board, to let the
board buy it cheap at 430p, then sell to
hit the bits they do not want.

Anyway what will happen will happen,
more money to invest in another soon.

regards

active

[gerhart] 14/4/2006 13:33

Vassily, don't know if you hold ERT, but I'd sell if I were you! It must be a real dog of a company (management-wise) to have behaved so poorly.

HIT left the table a full week before their deadline, once they new, for whatever reason, they weren't going to buy.

ERT ,left it right to the the last moment, because once again they were too embarrassed to admit that the management didn't have the ability to to do a deal and get their hands on a much better company. (nothing to do with needing time to assess etc)

Most peeps new all along that ERT wouldn't do a deal (as a COR shareholder I wish they had!). That's why the market collapsed the price after HIT walked away.

Anyway, all the best.

[vassily] 13/4/2006 13:58

This is good news for ERT holders.
V

[phillis] 13/4/2006 11:26

Can't understand people selling at 425p

[sweenoid] 12/4/2006 21:07

oh well 425p it is!

[srpactive] 12/4/2006 10:11

if i was ER i would leave it right until the end of the day
to ensure no one else puts in an offer over theirs, also
ensure not over bidding either, 450p my target for end of chorion
story, was hoping for 500p but most unrealistic now.

regards

Active

[rebess] 11/4/2006 16:15

Seems as though ER have lost interest. Still time I suppose.

Another 24 hours will reveal all.

[Abuse team] 07/4/2006 20:24

Post removed by ADVFN

[old westy] 07/4/2006 20:18

Ref 3963 - Sweenoid. I think £4.30 is best we'll get - if anyone was going to buy and split the IPR portfolio up and sell it piecemeal, what would they get for the bits & pieces and who would buy what anyway ?
OW

[rebess] 07/4/2006 14:00

Two large tranche's of shares bought by 3i in last couple of days. No doubt helping Planet secure the company on their terms!

[vassily] 06/4/2006 10:43

Goldmine:
Don't you mean Ali/3i (Planet Acquisitions) increase the offer for Chorion?
I'm not sure ERT want this at 4.65. ERT is focused on children and the legacy authors might be a distraction for this growth company.
Maxibrit2:
It's a Spanner.

[maxibrit2] 06/4/2006 09:47

Does that mean that a bidder would also have to increase their bid from the £4.65 or so that would have been required.

If so, if a bidder was about to announce at £4.65 - that is a bit of a spanner in the works isn't it ?

M

[goldmachine] 06/4/2006 07:39

Chorion increase offer to £4.30
Now why would they do that?

[sweenoid] 04/4/2006 10:41

STILL HERE STILL HOLDING AND STILL EXPECTING THE MBO TO BE OUT-TRUMPED .

Mr Men was a massive acquisition by COR and has not yet earned it's keep-that is for 2006-2007

the fit for HIT and ER is so good it's untrue and I can't believe due dilligence has overturned any slelentons-there is obv this potential poison pill with the Agatha Christie estate...however I expect this would be sold on quickly when and if any bif materializes-only just over a week for ER to make their minds up !


Sweenoid

[srpactive] 04/4/2006 08:27

mr men 35 yrs old today, all over the bbc news 24, this morning.

apax could have dropped out, to allow entertainment rights to
buy chorion and then apax buy the enlarged entertainment rights
out.

dyor

beyond me if apax does not want noddy et al.

regards

active

[slaterlp] 02/4/2006 10:38

Thanks TT2

[slaterlp] 01/4/2006 10:04

Hi Torquay Turk2

Thanks for that explanation. OK, so with that in mind, and reading the news items about rule 8.3, it seems that there are still those that expect the share price to rise again. Presumably due to the interest being shown by ER.

Am I right in my interpretation?

[gerhart] 31/3/2006 16:33

Tried to delete the duplicate info...but couldn't!

[gerhart] 31/3/2006 14:28

For what its worth, from today's Daily Mail:

Now that Bob the Builder from HIT Entertainment has walked away, dealers expect Postman Pat's Entertainment Rights to knock on Noddy's door. It put on 1¼p to 37¾p amid speculation it will soon announce a cash and shares offer worth 465p a share for Chorion, which closed unchanged at 427½p. 3i and 'friends' already have an agreed 425p a share bid on the table.

[goneawol] 31/3/2006 14:26

From todays Daily Mail:

'Now that Bob the Builder from HIT Entertainment has walked away, dealers expect
Postman Pat's Entertainment Rights to knock on Noddy's door. It put on 1 1/4p to
37 3/4p amid speculation it will soon announce a cash and shares offer worth 465p a share for Chorion, which closed unchanged at 427 1/2p. 3i and 'friends'
already have an agreed 425p a share bid on the table.'

[torquay turk2] 31/3/2006 10:15

I will have a shot at answering this one but if anyone knows more/better then please feel free to correct me.
'Shorting'- say in connection with a CFD (contract for difference) means that someone has entered into an agreement to sell shares(which they do not yet own) on an agreed future date at an agreed price(the excercise price). They do this in the hope that in the meantime the value of the shares will drop and that they will be able to buy the shares at the lower price, thus making a profit, inorder to keep their original deal aka 'closing their position'.
Going long means exactly the opposite ie they agree to buy shares at an agreed future point, at an agreed price in the hope that in the interim the value of the shares will rise above the excercise price.
In summary, someone who is short expects the share price to go down and opposit for long.
Hope that helps.

[slaterlp] 31/3/2006 10:02

could someone please explain long and short positions as in the recent rule 8.3 news items . I am not sure i fully understand what "long" is, or shorting for that matter.

[jazza] 28/3/2006 11:00

Sellers below the takeover offer price.....looks like a lot of hot money leaving to chase a new latest story.