Saietta Share Discussion Threads

[glavey] 28/2/2024 11:44

That might be what is written, believing it has any substance is quite another matter.

[rmart] 28/2/2024 11:41

read the rns.

It clearly states "The Group is in discussions with a potential offeror which are at a relatively early stage."

All we need is an rns to say these talks are ongoing and the share price moves much higher.

[glavey] 28/2/2024 11:35

mally6
28 Feb '24

" Look like they have interested parties wonder what the offer may be certainly much more than current price especially when they raised at 17p recently that would be a good price "

" It's the fact that it states connected to offeree so who is the offeree what is the offer there is a play here just watch "

On second thoughts, just deception.

[glavey] 28/2/2024 11:32

mally6
28 Feb '24

" Should rerate worth much more than 700k
Has good fundamentals contracts no debts assets cash flow someone's going to buy this surely at this this low mcap "

" They raised 7 mill at 17p a few months ago surely investors not going to let this go especially when they've got orders flying in seen this many times dip the share price buy in an presto "

Wonderfully naive at best...

[casholaa] 28/2/2024 11:31

Weighted Average Cost of Capital.

[rmart] 28/2/2024 11:30

because there will be many who try for the 'pieces' You are not guaranteed to get them.

Get in now and you WILL get them.

[the stinger] 28/2/2024 11:29

Listing costs etc etc.. and admin would be very messy with other players wanting the IP. Not rocket science here. The II's bailing out didn't want to raise funds and took the hit.

[aja2] 28/2/2024 11:26

I doubt the tech/IP will die but why take the financial risk now on the whole company rather than wait to pick up the pieces if it goes to administration.

[the stinger] 28/2/2024 11:24

If there's an rns showing a new high percentage holder this will rocket.That's what's worrying the doomsayers.

[casholaa] 28/2/2024 11:21

"Offeree" rofpml.

[zen12] 28/2/2024 11:19

Agree, very good spot in the 8.3 RNS.

[beatme1] 28/2/2024 11:19

Be careful this willFail

[mally6] 28/2/2024 11:18

It's the fact that it states connected to offeree so who is the offeree what is the offer there is a play here just watch

[rmart] 28/2/2024 11:17

a chunk of £7m that went to india to get the production plant up and running, that is now done.

too much at stake here to let it die imo. The future of motoring is in electric motors, look at the numbers in India for these motors.

[the stinger] 28/2/2024 11:16

Circ 40% of II shares sold sine last Friday... someone has picked up a good stake here. It's not all been PI's

[casholaa] 28/2/2024 11:16

@aja2. Precisely. They also flogged Sunderland.

[zen12] 28/2/2024 11:15

0.8p now spread getting smaller

[aja2] 28/2/2024 11:12

None of us knows. What we do know is that the company has gone through 7.7M in 2.5 months. How much would they have to raise to continue.

[babbler] 28/2/2024 11:10

2000 shares?

[rmart] 28/2/2024 11:07

of course it does lol.

[beatme1] 28/2/2024 11:05

This feels like mms are working for someone to get out before suspension

[rmart] 28/2/2024 11:04

get funds even at 1p or 2p new holder agrees to lock in for 12 months. share price rockets, new holder makes a fortune.

[mally6] 28/2/2024 11:04

Name of exempt principal trader:Canaccord Genuity Limited (b) Name of offeror/offeree in relation to whose relevant securities this form relates:     Use a separate form for each offeror/offereeSaietta Group Plc(c) Name of the party to the offer with which exempt principal trader is connected:Connected to the Offeree (d) Date dealing undertaken:27 February 2024(e) Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer?No Connected to offeredSomeone has offered to become offered I guess

[mally6] 28/2/2024 11:02

Look like they have interested parties wonder what the offer may be certainly much more than current price especially when they raised at 17p recently that would be a good price

[babbler] 28/2/2024 11:02

What new holder?