In the recently announced half year results, Infinis' CEO noted that the company had put in a "resilient performance". It seems only commonsense that Monterey / Terra Firma must believe that they will in due course turn in a profit when they buy in the shares at the £1.85 we are being offered.
The takeover is being made via a scheme of arrangement, so to receive the Court's approval, Monterey has to secure at least:
1. A majority in number of the shareholders present and… Read More
If you are lucky enough to have exited from this without losing money or having made some take the money and run.
I lost 10 k earlier on in the year when the SP was driven down the day before XD despite there being 6 times more buys than sales. I sold after watching a 35 k investment reduced to 23 in 1 day but got a 2 k dividend, wahoo !!
This is the last time I will ever invest in shares as the smaller sahareholder clearly has no control when market makers and w*nkers are manipulating… Read More
Taking the small loss (after divs 240 quid).. made half of that back on the first trade.. learning curve for sure on this stock .. I suspect the company is going places - liked the financials. Fenewables subsidy was a removal of a cherry off the icing... fundamentals very good long term) - no wonder the VC's want it
SP wont move from 183.5 until either 185 is paid or it all collapses..
interesting, thanks for pointing that out - but the price is at 1.30 well below the 185. the takeover panel is on 0207 382 9026 - they are a friendly bunch and clear up any questions/queries you may have give them a call
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