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Not received any paperwork through the post yet. Should be posted out this week. We will get confirmed dates and we can then decide whether to chance the vote or not. They still need about 4.7m votes. A £350m offer would still be a good deal for someone. Give it until the end of next week maybe.
Yep maverick......
4.sqz comes in with a cheeky 1% bid over the current one
As I see it, 3 ways this could go:
1. Buy out voted through at £18.50
2. Buy out falls through and shares go back down to £11
3. Rival bid comes in higher
Have I missed anything else
A lot of PIs are multi millionaires If they use GS for trading
Or a lot pi s hold there shares with Goldman Sachs and since a few have sold they are required to fill out an 8.3 form....a lot are shares are help with big firms like Barclays investments etc..I trade through ig but they use other firms to hold customers shares as they required to by the fca.
https://www.ig.com/uk/help-and-support/accounts-and-statements/client-funds/what-does-ig-do-with-my-money-and-my-assets
MTS,
Who's to know the reason behind their increased holding. Blocking or For vote, Rival Bidder, pick any !!
BTW, GS, would not trust them one inch ..... for the younger readers, one centimetre.
atb
Are they thinking the offer is too cheap and a rival bid is likely ? Its a win, win really. No offer from another then vote for £18.50, new offer, decline £18.50 and accept higher offer. I assume once the £18.50 offer is rejected by shareholders then it is voided leaving AA to be able to vote for an alternative offer.
Or they have been invested for a while under the radar, probs bought in at £6 via a tip off.
TSC,
Indeed, where did they come from with 6.1% now .... (6.08% VOTING too !!) and more to the point, why.
Surely aren’t in here for a few pence a share. Game on