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This mornings RNS ............its hysterically funny.....unless you're naive of course :-))))))))))
""I think we would be better off hanging onto our shares if the court cases coming up go in our favour we might be better off.""
No **** Sherlock !!!
& the award for 'understatement of the year'... goes to.... ;-)
The first sentence (below), should have read as follows..
That's true.. I`m wondering how far away they are from `dunning` the shareholders out of there money..
I see the first deadline date went by on the 6th of Aug...
Basically, the investors, I think, would like to have the real value of this business, and given some compensation for the follies which have led to the present state of play.. So a fair settlement reflecting the legal wrangles, which are outstanding at present lead me to support the company`s position on the claims that they seek proper settlement for..
Thats true.. I`m wondering how far away they are from dunning the shareholders out of there money..
I see the first deadline date went by on the 6th of Aug.
Anyone know when the second deadline will come along??
and to think that they were shorting wtg recently... a cunning stunt??
Absolutely, the 30% rule is used so often in the markets to try and acquire companies for a cheeky low price, thats how money flows from the innocent to the sharks.
I won't believe anything unless it comes from WTG. I would expect a good reason from them, too.
I think the take over company are a bunch of cheap (look at the price!) chancers. And I give them all the respect such people earn.
i think we would be better off hanging onto our shares if the court cases coming up go in our favour we might be better off.
Apparently now been extended - how can this be we've said no so they are now saying 'are you sure' ??!!!!
Yes 15 mins ago. Told him I am not accepting the offer.
Yes 15 mins ago. Told him I am not accepting the offer.
It's none of their business.
Smacks of desperation.
Have you had as call from some group representing Polygon, asking qns like .... Are you a shareholder for Watchstone grp.?
and `have you had the paperork for the offer? then the crunch qne..
how are you intending to vote??
I`m wondering if this was some kind of hoax.. or maybe they are getting desperate..?
Or is it getting to close to call??
Hopefully they will be booted out with there offer...
Thank you very much, Sir
I'm no expert so I really can't help you. I think if even Jarvis' explanation leaves you bewildered the chances of somebody else here explaining are slim, but you just never know.
I have 2 main shares held in an account with interactive investors. I do not like this arrangement, nor their costs! When the two companies are "played out" I will return my money to my nominated bank account and close my trading account.
They are far too generous with my money.
It seems the only (honest) way, I have communicated with some nice people here, but it isn't worth the risk, the effort or the dilution!
Can you help me, I have held WTG for a long while with Jarvis, a couple of weeks ago they removed my book cost from my portfolio but still show my number of shares 5000 current value £1,750.00 change +£1,750.00.
According to my records book cost £2,013.10 -£1,750.00 change -£263.10
I did contact Jarvis but their explanation made no sense to me.
Believe me, I am the last person to rush to defend this companies history, even with the management changes but I would like to think I am always fair, although my view of fairness may rub some up the wrong way.
But you must be a little forgetful. While I don't suppose you have anything like even recovered your initial placing, you will have had at least three other payouts, if I remember correctly, throughout the period you cover.
Also there was the dividend payment, almost everybody has forgotten that, but I think it was during the period you mention, if so should also be offset against your outlay.
Yes, you may be well down, but not by as much as you think.
TY GS
@bankfool: the latest company rns gives all the detail you need in order to make a decision.
So just seen the corporate action on Halifax. I have 72 shares, so I would get £21.6.
Halifax have also indicated that there maybe fees applied to this transaction so I loss at least another £12.50
So I get £9.10. Great return on ",2393.50 in April and May 2014!
What is the consensus? accept ort reject?
*RNS 3396G, How the Hell did that extra 6 get in there after I had replaced a wrongly posted 9? I'll never "get" computers.
Anyway, the message is the same.
... the message can be missed, so just let me repeat, from RNS 3696G:
"TO REJECT THE OFFER YOU NEED TO TAKE NO ACTION"
I will be rushing off to do just that!
Thank you very much, Sir
Email from Watchstone just now saying reject the offer, I am not clever enough to post maybe somebody else could do that, if not later today I will copy out and post .
Shocking that they should get away with that .
Surely they should put all elections to sell back to the position before their "mistake" and state they got it wrong, and then ask shareholders what they want to do once again.
I hope the fca do something about this .
Atb. Ktc