Northern Bear Share Price (NTBR)

with enough shares being tendered to take the holding >25% and thus empowered to veto any special resolution. Provides a bearricade against any resolutions the tenderer doesn't like. Hopefully we will get a bid at a premium but I think upside will be somewhat limited by the concentration of shares in one hands. That said, some weak hands were takn out and investors will have to pay more to gather in shares.

the Tender Offer a southpaw by rejecting it. I was going to lock myself in a cub-icle to consider whether to cash in some shares bought lower down but think as the directors do there is more honey here for investors by resisting the offer. I am gonna shut my trap now until the situation plays out.

Yep a bit mixed - dark adding

Seemed to me to give very mixed messages. I would have bought more if it had fallen as the Tender Offer will underpin it. The profit undershoot is disappointing of course but it is being compared to an exceptional year. And it enjoyed a strong quarter. Still not surrendering any to the Tender Offer.

I happened to be passing through Alnwick last week, and was pleased to see a Northern bear board on the Playhouse refurb. in the high street. Think its a 3.3 mil project, not sure of Ntbr's share of it, but good to see. I wont be selling, having watched them claw back debt over the years with a lot of hard work, to now paying a dividend. GLA