Monitise Share Discussion Threads

[mikethebike4] 12/8/2017 11:51

Exb

'and there has been arb buying so that stock will get voted for as well'

- not necessarily, they could be after a prospect of worthwhile profits rather than the odd 1/10th of a penny, less dealing costs of course !

[rp] 12/8/2017 09:22

"On the Effective Date, share certificates in respect of Monitise Shares will cease to be valid and should be destroyed. In addition, entitlements to Monitise Shares held within the CREST system will be cancelled on the Effective Date.

It is also intended that, following the Effective Date and after the admission of Monitise Shares to trading on AIM has been cancelled, Monitise will be re-registered as a private limited company pursuant to the relevant provisions of the 2006 Act."

My shares are held in a Shares ISA. Forgive my ignorance, but in the event of the above how do I get my money?

[stocky] 12/8/2017 08:59

Good luck all! I've sold most of my shares. Kept a few back for the 3.10, if accepted.

[exbroker] 11/8/2017 19:52

They can see how the vote looked last time so they will know how many votes they have and there has been arb buying so that stock will get voted for as well.

[phillis] 11/8/2017 13:17

all done and dusted then

[j777j] 11/8/2017 12:28

Maybe they clicked that 10% acceptances is embarassing.

[mikethebike4] 11/8/2017 08:08

I notice absence of statement of % irrevocable votes for the motion
I wonder why ?

[phillis] 10/8/2017 19:10

Of course you are

[tb20] 10/8/2017 18:50

Exbroker well done on your excellent investment but please do not judge me.I stand by my statement and no I'm not a sore loser

[tb20] 10/8/2017 18:50

Exbroker well done on your excellent investment but please do not judge me.I stand by my statement and no I'm not a sore loser

[exbroker] 10/8/2017 11:33

I may not be an expert but I am in profit on this stock.

[tb20] 10/8/2017 10:18

Don't say that j777j.....you will be told it's all sour grapes by the so called,self appointed,experts

[j777j] 10/8/2017 09:30

No time for schadenfreude.Even UBS had an 80p price target.The entire system is rotten to the core,all at the expense of the private investor.

[exbroker] 09/8/2017 11:09

Phillis You are so right!

[tb20] 08/8/2017 21:13

You think so do you.....look at the history

[phillis] 08/8/2017 20:53

Oh dear
More sour grapes for a bad investment decision

[tb20] 08/8/2017 18:45

All the board have managed to do is line their own pockets at the expense of the shareholders.Been here for a number of years and looking at all that has gone on,I would think the board have a lot to answer for.If this is all legal then the law should be change and if not the BOD should be held accountable

[speedsgh] 08/8/2017 15:19

Monitise sale to Fiserv is a steal, says investor -

A leading investor has reiterated its criticism of a deal to sell Monitise to Fiserv, despite the price being increased.

Paul Mumford, a fund manager at Cavendish Asset Management, called the deal an “absolute steal” for the American company and said that he was disappointed that the Aim-listed financial technology business had not managed to negotiate a better deal...

[j777j] 08/8/2017 10:42

Appalling deceitful management and Wimp Ii's like Cavendish that roll over if you promise to tickle their belly

[mikethebike4] 08/8/2017 08:44

if they are seen to be buying in quantity in the market the share price will innevitably rise

[tradejunkie2] 07/8/2017 22:58

HA HA HA HA HA HA

[exbroker] 07/8/2017 20:44

They have said the offer is final, it can only be increased if another bid is on the table. Those are the Takeover Panel Rules. If the vote fails they can always go to an offer which would require 50% so more likely to go through. Also with an offer they can buy stock in the market which they are not doing at the moment.

[timbob2000] 07/8/2017 18:43

So the question here is, do we think Fiserv are going to walk away from this deal should it be rejected by share holders. Well, they have already signalled that they would be willing to increase there offer should a rival offer be made, therefore in my opinion Fiserv would be prepared to pay more. We know that Fiserv are not interested in Monitise as a going concern, even though they use it as a way to defend there low ball offer. Fiserv's primary objective here is to acquire FinKIT, therefore the financial situation of Monitise and it's future is almost unimportant to Fiserv, aside from any debt of course. Also Monitise does have cash in the bank, £22 million as of June 2017. I would say nothing has changed, AGAINST.

[phillis] 07/8/2017 17:20

Cavendish will assent absent another offer
Read his words