INFI.L Share Price (INFI)

In the recently announced half year results, Infinis' CEO noted that the company had put in a "resilient performance". It seems only commonsense that Monterey / Terra Firma must believe that they will in due course turn in a profit when they buy in the shares at the £1.85 we are being offered. The takeover is being made via a scheme of arrangement, so to receive the Court's approval, Monterey has to secure at least: 1. A majority in number of the shareholders present and voting in person or by proxy at the Court meeting and 2. not less than 75% in value of the shares voted. The Court meeting is being held on 4th December, and votes have to be received by no later than 2nd December, so time is of the essence. It may, therefore, be possible to prevent the takeover if enough private shareholders take the trouble to vote against the resolutions. I have done just this. I found the process quite straightforward, even though my shares are held in a nominee account. I think with schemes of arrangement, the acquirers often rely on investor apathy to secure their aims.

Up & down like the proverbial, but much better choice than TSCO, LOL.

Like Anth63, I was happy to hold these. My shares are held through a 3rd party. How does the buy back process work?

If you are lucky enough to have exited from this without losing money or having made some take the money and run. I lost 10 k earlier on in the year when the SP was driven down the day before XD despite there being 6 times more buys than sales. I sold after watching a 35 k investment reduced to 23 in 1 day but got a 2 k dividend, wahoo !! This is the last time I will ever invest in shares as the smaller sahareholder clearly has no control when market makers and w*nkers are manipulating the market for there own financial gain at the expense of the shareholders. All newcomers beware !!

Taking the small loss (after divs 240 quid).. made half of that back on the first trade.. learning curve for sure on this stock .. I suspect the company is going places - liked the financials. Fenewables subsidy was a removal of a cherry off the icing... fundamentals very good long term) - no wonder the VC's want it SP wont move from 183.5 until either 185 is paid or it all collapses.. Good luck all