Modern Water Share Discussion Threads

[vs9] 22/10/2020 15:20

HL just added the MWG corporate action on their platform

[aylesone] 22/10/2020 13:43

Would be lovely to see a 3 in the share price pre weekend!

[wr63] 22/10/2020 13:25

I have the same with AJ Bell, sent a message yesterday but no response yet.

[aylesone] 22/10/2020 12:49

Ditto, I'm also awaiting a response from my mail. Noticed they take 2/3 days sometimes to respond to account email comms.

[whiteslice] 22/10/2020 12:45

Anybody else hold their shares via HL platform..? I've not received any notification re MWG/DVRG corporate action so far. Emailed HL but no response as I write.

[monkey puzzle] 22/10/2020 11:14

Completion of #ModernWater #MWG and the #Microtox 30-year old water contamination toxicity brand in more than 60 countries with 3,000 installations of #Microtox and #Microtrace equipment for retrofitting with offices in US, EU, Japan and China will play a major roll in 2021 hxxps://t.co/fZgapsB4x6

[onehanded] 22/10/2020 10:16

Think every share owner will accept, those larger sells are buys as larger players build % on Deepverge rather than having it declared for that share and buying here is a good way to hide share building for deepverge. All good news for both share holders. It will go through, just need to wait and then real fireworks after merger.

[catchingmice] 22/10/2020 10:11

Received mine today from the HalifaxI've accepted the offer

[tickboo] 21/10/2020 14:09

90% to happen automatically and 75%+ and the co can request it which will be a formality.

[judijudi] 21/10/2020 13:33

75% actually

[katsy] 21/10/2020 13:02

OK received my corporate action today from my broker. Have now accepted the offer. According to the action 90% needs to accept. So please please make sure you vote.

[uapatel] 21/10/2020 08:09

Thanks Monkey Puzzle.

[monkey puzzle] 21/10/2020 08:02

uapatel,

It's an older article now that has been rehashed by another journo after it was published by another. I'm sure GB will be monitoring press etc going forwards as he spent considerable time and effort on the rebranding.

[uapatel] 20/10/2020 15:44

More to point what PR is in place to manage errors of this sort. Seems Deepverge Plc isn’t sitting well with the press. Lol

Oh well, let’s hope the merger wakes people up as to the parent company

[aylesone] 20/10/2020 15:40

partner Integumen plc (AIM: SKIN) .... that doesn't help. Who's writing this stuff?

[the yard] 20/10/2020 15:23

https://bdaily.co.uk/articles/2020/10/19/aptamer-group-advances-covid-19-testing-capabilities-with-integumen

[monkey puzzle] 20/10/2020 14:18

Well hopefully we have had our full dose of bad luck now which they say comes in threes (presentation fall out, share consolidation, takeover of MWG delays), about time we had something to cheer us up I think.

[aylesone] 20/10/2020 14:13

presume you mean MWG and not MDW :-)
Hope you are right, then it is just a matter of patience!

[aylesone] 20/10/2020 14:04

Hopefully not, one company makes much more sense at any share price Just hope 75% agree

[onehanded] 20/10/2020 13:57

It will get the go ahead as the management team and the board and their friends own a vast majority of the shares, that is why they wanted the deal as it would have made millions for them. Unfortunaly many private investors are selling here and either holding cash or buying deepverge shares. MWG - (Corrected) is now not a viable business on it's own since the deal and so must merge. It's turned into a right old mess. Why they decided to do a consolidation of deepverge at the same time as a possible merge only they know.

[eeza] 20/10/2020 13:30

Well, you'll be stuck with 'Humph'.

[aylesone] 20/10/2020 13:18

My concern is that the deal hasn't passed yet. Where does this go if we don't get a 75% "yes". All seems a bit messy right now.

[monkey puzzle] 20/10/2020 12:55

Katsy,

True, but then I have never such a deal before ever. I am surprised that MWG signed off on it but maybe there were other reasons, I believe GB did previously say they would need to raise cash if they didn't accept the deal? Take over deals are time and value stamped at the time, this open ended option has been a nightmare and led to all kinds of uncertainty in the meantime. I doubt very much if we will ever see the likes of it again?

[katsy] 20/10/2020 12:44

When most companies get taken over it's usually for more than the prevailing share price. This one will be for less now then on the day it was announced.