Member Info for 2reincarnated

from there we will see a Rights Issue

NO NO NO!!! It will not go down to only 30-40p!!! That would have been the price it would have fell to down to the Accounting Issues and profit falls. Remember if DBAY hold over 50% of shares, the remaining are worth a lot less.
As a ''ball park'' figure, we are looking at perhaps 5-10p, if they resume for the purposes of a Rights Issue.

not necessarily, it could be driven lower at some point to fill large buy orders.

They bid for the company because they had ideas and plans for it, but abandoned interest for some reason. If they have been proven wrong and could come back, who knows?

Where it now goes, depends on ''what's in the pipeline.'' If a brand selloff is coming and at a good price, it could do what it did from spring 2013 to Autumn 2013 ie triple in value!!!

But in order for a Rights Issue the shares must resume trading. It simply depends on who ''gets on board'' if Tinkler can get some backers to invest, the SP may fall to perhaps 10p. From there a RI can be carried out

Will see the shares fall to a fraction of the closing price. However, they won't go down to 0p and hence a Rights Issue can be carried out.

got the wrong end of the stick. The problem with selling the brands is that we haven't even received a ''sill offer'' for Mr Kipling, when the markets know all PF brands and the whole of PF is for sale.

selling Batchelors cheaply will keep the SP below 62p which is what they paid for their 20% stake. If they then try to sell this stake, they will get less for it.

If they don't bid. When will the shares resume trading?

Naturally, the SP will plunge and current shareholder value will be almost wiped out.

Would it be worth it for new investors to jump in?

I meant to say if you did not take part in the RI and had sold up or there was no Rights Issue and the company went into administration, the current opportunity would have been missed

Theoretically, yes!!! But then you would have got the opportunity to see PF stage the recovery we are now expecting, it could hit 60p with no news. What if they then sell off a brand or what if someone comes in for Mr Kipling? where would the SP be if there is a ''bidding war'' for Mr Kipling?

In anycase, not being ''stuck'' in PF may have resulted in you throwing the money into the likes of Centrica, AA or Saga, I for one may have looked at Centrica at £1, glad I didn't have the funds to.
However, if Centrica hits 50p and PF hits £1, I may have a ''dabble.''

PYUECK. Thanks for your post. GD was not a success given the time he had. However, if the Rights Issue was not carried out the current SP would be less than 0p!!!

His problem was he didn't ''engineer'' the sale of any brands which would have cut debt. One point to note is the initial MC offer was 52p a share, which says a lot about the bid. Since the bid GD should have ''preempted'' what MC would have done to the company if they had taken it over, they would have sold some brands and kept others.
If he had done this MC may have comer back with a better offer, they may still come back!!!

Hope not!!!

On the subject of a takeover, we must appreciate the 65p ''offer'' was very conditional and on further examination of the ''books'' MC pulled out. Hope I'm wrong, but this is not yet a takeover target.

But cannot retain it. Hey ''whats new?''

Thanks for the link. I posted this link before and said, "has the company really been turned around?" If so, the SP has a funny way of showing this "turnaround".

https://www.foodbev.com/news/treasury-wine-ceo-michael-clarke-to-retire/

https://www.decanter.com/wine-news/treasury-wine-estates-chief-executive-michael-clarke-twe-to-step-down-426554/

RNS?

Nothing going on!!!
Not enough volume to suggest otherwise.