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Do they know something the ordinary shareholders do not ?.
As private investors I suspect we’ll be the last to know
Echo
Mills offer does not seem attractive?
Since 9 April just a small percentage acquired?
How long does this go on for.
Mills and his investors do not have the cash to offer 60P
The offer is pathetically low
If they withdraw the offer and the SP dips I’ll have no problem with it.
I’ll top-up if it’s cheap enough.
And god knows how long this could drag on for
What we need is a rival equity bid . . .
If Harwood are happy to have sloth like patience they make be able to keep vacuuming crumbs of stock up as it becomes available without pushing the price up a great deal. The mid price has gone down but the sell price has been moving up in micro steps - this has been down to the spread being played around with.
So Killick clients sold a few - now under the radar for disclosure.
Should Mills have managed to acquire any he has to disclose.
A few trades with value
One looks like a bed and Isa - the other 600k ?
Absolutely massive trade went through just after the close of play today
Share value £7,000,000
Marked as unknown . . . Another RNS approaching me thinks
And hopefully some share price movement
Any thoughts guys??
My feeling is that's a sell - and its their entire holding.
Or they could be moving it to another holding?
I guess we'll find out in due course . . . .
Yes Echo
Entire holding sold but to whom.
Not an open market transaction but an arrangement.
why does the word a**wipes spring to mind
Was hoping for a second we were finally rid of fatso hardwood
Seems like a decent resolution to the whole affair
These early trades are all buys. I know because my buy has come up as a sell.
Fulcrum now has no debt, £5 mill in cash and two active supportive partners. What's not to like?
Good points Jab
I’m tired of the SP loitering tbh
The last month has been a big annoyance.
If the share price reaches 35-40p I’ll sell
If it dips back to 20-25p I’ll buy
Decent resolution? Which planet you on? How many listed Companies do you know where a shareholder with less than 15% of the shares have the right to have their own man on the board.So two of them, obviously not working together.And the chairman who also appears to be a paid operational adviser to Harwood on other business ( no conflict there, obviously).Then two additional “ independent “ directors to be appointed.And who will chose them, do you think? The new board?Control of decision- making for this company appears to have been handed over without a premium being paid, unless I have misinterpreted the RNS.One would hope the current Board will get round to explaining their rationale to the 75%+ shareholders.
Thank you for your input Timothy
Can’t say I’ve even vaguely read it
Was hoping for a counter bid - that's gone away now and 2 shareholders on the board that will stop that in the future. Can't seem to work out their investment / exit strategy. Time to sell up and move along me thinks!
Short termism is just like a popshot at a coconut on a fair ground.
Day traders - yes.
Not happy that Harwood got a seat - and Bayford.
just wonder how complicit was dear Phil.
have to remember that Phil almost certainly got Bayford to take the Blackrock stock .
however - the future may well be brighter ifneither of these can bid for control?
Good to hear constructive input.Did not respond to Echo.He is well-named.Obviously only likes hearing his own voice. And he will not read this response as it will be far too long.Harwood and Bayford operate basically or tangentially in the same sector as Fulcrum.They want to “integrate “ it on the cheap.The Board appears to have conceded control to two potential acquirers of the business.No explanation.Clearly they are spineless .And also, taking actions against their fiduciary duty to the totality of shareholders.So,the board has conceded everything and gained? Sweet FA operationally.More later.
Looks as if Timothy is warbling again.
I only see the filter notification.
At least it’s grammar is decent.
Let’s bury the hatchet Timothy.
I merely commented that I felt it was a decent resolution. You took exception to it.
Clearly our views differ on FCRM. Shall we leave it at that?
Echoboy,I am very happy to cut personal insults and bad language between shareholders.I worked in the City for 35 years. I would like to think that I can still smell Board incompetence and stitch- up and I will only ever make comments designed to improve the lot of shareholders.This is not a decent resolution for long term shareholders.Harwood and Bayford are not charities. It is not in their interests for the share price to go up if they want to buy.the company.Also, Is it not suspicious that the panicky board chose not to mention the previously promised divi to shareholders from the asset sale? Join me in complaining to the FCA.
I’ve ranted long and hard about FCRM.
It now appears you’re holding the baton.
I’m still trying to bury the hatchet
Good luck Timothy!
Hello tick,
Maybe the board are not spineless, but approachable when presented with brown envelopes and then make decisions based on where their altered now true loyalty lies, who knows how it will pan out but at least the sp is moving in the right direction for now.
Yes I’d be very approachable with regards brown envelopes :-)
Long may the rise in SP continue