Good Energy Share Discussion Threads

[smokeyjohnson] 13/12/2024 10:20

Only if the potential offer is at a level acceptable to Vince, and if the DD process passes. Surely as the value of his GOOD shares goes up, so does his divorce settlement!

[mammyoko] 13/12/2024 09:38

This information does remove an obstacle to his blocking stake. Unlikely that he could raise GBP100m without selling either his stake her or a stake in Ecotricity as the Times article has suggested he is loathe to do. Agreeing to a sale here is certainly the leaser of two evils, one would imagine.
I was not aware that divorce proceedings were going through and perhaps the market was also unaware which could account for the price going from 340p back up to around 380p. The chances of this going through have surely significantly increased as a result of this news.

[disc0dave46] 12/12/2024 11:16

Given how much is ex is after (half his net worth of £100m) then even if the bid here doubled the current price it still wouldn't cover it.

[samsj] 12/12/2024 08:28

Article today on Vince's money troubles relating to divorce - maybe selling GOOD stake is preferable to selling Ecotricity?!:

[moreplumbing] 11/12/2024 16:40

Do sellers know something we don't??

[spwh100] 09/12/2024 16:36

Change the record Disco, £25m is pocket money for someone like him, it won’t make any difference

[disc0dave46] 09/12/2024 16:21

Dale Vince had been mentioned as an interested party in acquiring the Observer. Where / how would he raise the cash!....circa £25m was mentioned.

[edmate] 07/12/2024 19:37

How does this affect Good takeover offer?

[disc0dave46] 07/12/2024 17:16

Turtoise Media have acquired The Observer so Dale Vince no longer in the running....or the need for circa £25m!.

[smokeyjohnson] 04/12/2024 16:20

There was a trading update last year end of November - nothing this year. Because of the potential offer?

[disc0dave46] 03/12/2024 12:22

Would have to be some spin though, particularly as he funded Just Stop Oil up until last year.

[marcandrew] 03/12/2024 09:10

Depends on the spin he puts on it. For instance he could claim he is helping oil rich people to go green.

[disc0dave46] 01/12/2024 11:36

Dale Vince has shown an interest in acquiring the Observer.From what I've read Turtoise Media have stated they'd invest £25m in the business (The Observer) over the next 5 years but have virtually put a zero valuation on the business?.Whilst Ecotricity has circa £86m cash on its books it's not in a net cash position taking into account their debts (net debt £5m). But their stake in Good is worth circa £17m. So has DV approved the Esyasoft offer for Good?, however IMO it would completely destroy Vince's reputation if he / Ecotricity approve the offer.

[smokeyjohnson] 28/11/2024 14:45

Buy is 344 and sell is 345 strangely. Just tried it and gained a few, didn't show up though.

[edmate] 25/11/2024 10:31

Hard to know exactly and its tempting to speculate, but yeah surely it would have been rebuffed by now if a solid offer wasn't going ahead?

[pandaball] 25/11/2024 10:07

I interpret the delay as meaning:
1) there is a credible due diligence process ongoing (or else why would there be the deadline and the allowance to delay);
2) there is no immediate major shareholder rebuttal. This was felt to be something that would be an “on principle” rebuttal and therefore early in due diligence.

Welcome your thoughts/challenges.

[chinese investor] 25/11/2024 07:49

Good RNS !

[adorling] 25/11/2024 07:13

Good Energy Group PLC Extension of PUSU Deadline - I hope this does turn out like EQLS with months of PUSU extensions every month!

[rob762243] 19/11/2024 14:26

Always suspicious when it suddenly rises for no reason, it's as if people know something we don't and it's normally followed by good news

[edmate] 19/11/2024 11:29

Hmmmm. Looks interesting. Its been down and/or subdued since the initial offer annoucenement. Could be something, could be nothing. But only 6 days until offer period expires...

[smokeyjohnson] 19/11/2024 11:25

Bid up from 335 to 350 on very little. Sucking people in or something occurring?

[chinese investor] 14/11/2024 07:48

It's Gone Quiet !

[edmate] 13/11/2024 16:49

tanking lower because no update

[edmate] 11/11/2024 15:04

Well, 2 weeks to go until offer deadline. Hope it's confirmed one way or another soon and doesn't end up being one of those long drawn out ones..

[disc0dave46] 09/11/2024 16:32

EdThanksYour expectations seem reasonable IMO.Any offer suggests someone sees value here.