Yeah - couple of weeks ago. Got the 11.5p per share for the 50odd%. |
Have shareholders been paid anything so far? |
I've not been following things closely, what is going to happen to the shares? Thanks. |
Why would they tender at 11.50 if they thought the shares were worth less? |
TFG out today, looks like their shareholding has been redistributed amongst other large shareholders. |
To me I think that the tender offer was the lowest price that they think the shares will finally be worth. I think that the final payout will be higher Time will tell |
It's the tender offer |
Over 121 millions shares bought this morning! Wonder whether it's the company buying or some deep pocket Institution?!? |
Nice to see another addition to the board WTF everyone is milking this to the last minute. |
Lageronald so, we don't tender. |
Lageronald - correct! |
I think Gooseman means that 11.5p in the hand is better than (given the past record of this bod) who knows what we're likely to end up with at the end. |
Gooseman1979 did you mean I can't see any basis for tendering and not "I can't see any basis for not tendering"? |
I think the trustworthiness here is gone, based on previous statements setting expectations which then had to be significantly downgraded in light of the revelation of the actual expected return to shareholders, redundancy costs etc. As such, as a retail shareholder, I can't see any basis for not tendering - too risky. |
That's the 64 million dollar question... |
My guess is that the 11.5p that we're being tendered for is the best estimate of the final return. You would like to hope the return is slightly higher, but are you willing to roll the dice? |
So what do we reckon peeps - tender or wait in the (probably forlorn) hope of getting more than 11.5 at the final reckoning? |
Got a mail from my broker today offering two options.
1. Tender the full 52.98%
2. Not tender (default)
Option 2 was the default, so if you wish to take part in the tender then make sure to respond to your broker. Personally, I have chosen to tender. |
Is everyone tendering all their allawable shares on february sixth?
Cavendish making it sound mandatory.
Foriegn holder will have to wait it out. |
I can live with it I bought bitcoin with the the sale proceeds. |
I am not sure what you sold out at. But this tender offer suggests to me that they think the final payout will be 11.5p. |
is this better as i have sold out |
53% of shares being tendered for 11.5p. |
2022 this company was dead. You held it 3 years too long |
Merry Christmas As I said 8p for Christmas, what a gift |
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