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Slownsteady, Caesar’s buying Willy Hill is the only casino I am currently interested in :-)
GLA
Only so much garbage, ignorant speculation and misinformation one can absorb from you Casino Cowboys, Soapey. Hence my irritation. :-)
slow
Maybe your thinking needs to quicken up a bit.
Slow
EVERYONE has the 'option' to buy below 12p (180)p if that is what the market is selling at.
I do not believe that option is exclusively for De Hann.
z77
''I brought my additional shares at 11.30p instead of 12p ''
Well done. I didn't see them that low to purchase, so you had very fortunate timing.
I think Saga finished yesterday at about 12p to buy.
The rubber stamping takes place on the 2nd October. De Hann may or may not be interested in adding to his stake. We will have to wait and see after the open offer/consolidation is out of the way to see, if in the coming months he continues to buy. He will be able to purchase at the level the market gives him, so not quite sure how 'Slow' knows that Saga will trade below 12p (180p) for many months to come.
Slownsteady, you claim to be a “retired banker”, your posts mainly have an aggressive tone when you don’t agree with someone and you try to let on you are so clever. In reality you know no more than anyone else posting on this BB.........so take a chill pill or in my case a large malt (preferably Irish) and enjoy the money you are hopefully going to make on your investment.
GLA
It took Mario Ferreira 6+ months to build a £10m position, how long do you think it would take De Haan to buy the additional £25m shares on the open market? I can see LTI's perspective. However I brought my additional shares at 11.30p instead of 12p just to save some money.
Right. "Let me pay 12p and give De Hann the option - if he wants - to buy at less than 12p. Rather than compel him to take it at 12p".
This has to be the most asinine piece of thinking, even for this Board. What a pl0nker.
z
Unlike yourself I prefer not to hand De Hann shares on a plate at 12p.
His shares will be in safe hands no matter what percentage he ends up with, but if he wanted it increased I would rather him purchase further percentages in the market which in turn would push up the share price
z77
''why did you not just buy in the market the additional shares?''
I bought loads in the open market at about 11.5p in addition.
LTI why did you not just buy in the market the additional shares?
I applied for more than the 5 for 9. No money has yet come out of my account.
LTI
Hl were right imo but wrong seemingly saw no fault in the nominee thought
Look to mon/tues to buy in th market. would have been helpful to have the clarification earlier.
You may save in the short term buying below the 12p placing but after consolida
tion you have allowed shorters to trade your shares where as the placing shares cannot be if I'm reading correctly hence why the share should become less volatile the more that we're bought?
With Barclays, the deadline appears to be 11.59pm tomorrow, Friday 25/9/20 (at any rate that is what they have confirmed to me over the phone).
I plan to buy my entire allocation in the market, so that Sir Roger gets all the shares he wants. This I hope will ensure the shares are in sticky hands.
LTI, have until 5.00pm today to decide, I've made some here in the past but saga is not a share I've really been involved with.
Tbh I probably won't accept I'm involved with too many others, this will take time to come to fruition, I've only just over 100k shares, soon to be reduced, one for the bottom drawer, unless it gets volatile after consolidated.
Me as well, saved £180. I wanted more than my allocation, now I’ve got them. There’s going to be a lot shares not taken up at 12p!
tfe
Yes I also saved hundreds purchasing in the market against paying 12p for excess shares in the open offer. I will still be taking at least my 5 for 9 in the offer. I have until midday tomorrow to decide how many I will apply for
Rightly or wrongly just bought my allotted amount with over a £200 saving to the offer price, including all tax and charges.
Haven't decided yet to accept the offer, ATM we're firmly in a down trend.