Shearwater Takeover Rumours (SWG)

Whats going on guys? Our long awaited takeover or management buyout? Has to be

There are no changes in the list of declared shareholders (i.e. above 3% holding). Can't see Higgins CEO of Sharewater wanting to do an MBO, after all he's 58 now. When he sold Brookcourt to SWG he made a fortune, but has bought plenty of SWG shares with that money at double the current price, so he'll be hurting along with the rest of us shareholders! I would have thought it more likely that he would use this year as a turnaround year. They have already restructured and simplified the group; reduced headcount and taken £200k cost in H1 for this. I'd expect a much stronger H2 and FY performance and when the share is back over 100p, he'd be open to offers for a takeover. Aided by the Interim CFO.

There are no changes in the list of declared shareholders (i.e. above 3% holding). Can't see Higgins CEO of Sharewater wanting to do an MBO, after all he's 58 now. When he sold Brookcourt to SWG he made a fortune, but has bought plenty of SWG shares with that money at double the current price, so he'll be hurting along with the rest of us shareholders! I would have thought it more likely that he would use this year as a turnaround year. They have already restructured and simplified the group; reduced headcount and taken £200k cost in H1 for this. I'd expect a much stronger H2 and FY performance and when the share is back over 100p, he'd be open to offers for a takeover. Aided by the Interim CFO.