Sportsworld Media Share Discussion Threads

[mayiguo] 29/7/2002 23:32

i won't be silly to sell my share before they raise the bid to certain level

[homewell] 29/7/2002 09:46

have not had confirmation of increased bid to 0.5p yet. Still think we should be looking at 3.5 - 4p.

[gorwel] 26/7/2002 00:05

leeshindig,

would that be private investors who have sold at 0.1p.

Incredible, Hastings. I, Hercule Poirot, shall investigate and have all such stupid souls committed.

Seriuosly, if that is the case then they want their heads and every other part of the body testing. It just makes no sense at all.

Surely it is not private investors? It won't give them enough for a bottle of plonk at Somerfields Super.

All this is daylight robbery. If it affected big institutions there would be all hell let loose.

[stopatawinner] 25/7/2002 11:53

Mcdonalds pay £4 million for sponsorsip of Pop Stars

[leeshindig] 25/7/2002 10:05

thats the pro-rata kicking in, they must have been offered more than 1 million!
Muppets. You are selling your souls!

[jbat] 25/7/2002 10:00

A compulsory purchase order requires 92% of the stock.

[gorwel] 22/7/2002 09:02

birchin,

ditto. Me had letter from TDW too.

Forgive me if I am way off the mark, but what happens if this organisation trying to bid for (steal) the shares gets its hands on over 50%?

Does that mean it can then compulsory purchase the rest?

[birchin] 21/7/2002 22:38

I got my letter yesterday from TD Waterhouse as I said before they can stuff it!!

[iantc] 21/7/2002 22:34

put 2x 00 after it and i might accept it ie 10p otherwise they can f off

[jcmcmama] 18/7/2002 16:22

just got my letter from Barclays and there's no way they're getting their dirty mits on my shares. If I sold now I'd hardly be able to buy enough alcohol to drown my sorrows!

[leeshindig] 18/7/2002 15:04

I would take 2p a share I guess?

[stewjames] 18/7/2002 14:38

If it is short covering, bear in mind the 10M doesn't have to be one position. They could be providing a service for a number of clients - buy 'em off you for 0.01p then sell to the shorters at 0.02p, for example. I stress this is just a theory - I don't know how shorts are generally closed for suspended shares.

[leeshindig] 18/7/2002 11:29

not taking nothing, rather burn the certificate

[leeshindig] 18/7/2002 10:54

I hope its Cathy Baines or Cyber trying to close a short!

[gulliverr] 17/7/2002 09:37

So you think they are trying to cover a short position? (Just trying to work it out in my own head.) If the realisation of assets by the administrators comes to a higher figure, they could find it expensive, couldn't they?

[stewjames] 17/7/2002 09:27

According to a post higher up the thread, they're only offering to buy up to a maximum of 10M shares out of around 70M in issue. This has nothing to do with a takeover IMO.

[gorwel] 17/7/2002 09:24

Dear President Blair,

Thank you for the message. Quite clearly the Board of Great Britain plc are all doing a wonderful.

Just a simple question. What are the possibilities of G.B. plc buying the assets and shares of Sportsworld Media? Then you could recompense all shareholders to the tune of something like a large percentage of their true worth (15p a share?), just as you did to all those lucky Railtrack holders.

Oh, but of course I forgot. Railtrack shreholders included lots of big, fat, influential Institutions. Silly me.

Keep up the fantastic work, Tony. We are all behind you. A long way behind you.

[gulliverr] 17/7/2002 09:23

I don't know the rules either. Can someone advise?