Member Info for asartara

Nitro said :

"Hopefully this will drop to 150p and then I'm back in after having 3 months out"

And a few months ago he said :

"Who doesn't love buying hbr at 200p?"

Maybe you should try to get your story straight before you try deramping

Jefferies target price of £2.90 is far more likely than £1.50

And a US primary listing which could be announced by HBR at any time within the next few months will probably bring HBR to nearer £4

The main positive is that it will probably bring a US listing for HBR much sooner and when that happens HBR will probably be valued at the same extremely high valuations of large and mid size US oil companies

HBR with a primary US listing would probably be valued at the USD equivalent of over £5

HBR has 500k BOED and a Market Cap of just under £3 billion

And now it buys a company with 34k BOED for about the same price

Can anyone explain how this makes any sense?

Does anyone know how Christopher Mills actually got 30% of the shares here?

Did he just "award" most of these shares to himself at zero cost or low cost, at the expense of other NAS shareholders?

Or did he pay for the shares himself at full cost?

JO said :

"Look out for any adverse macro events, such as speculation on negative growth or recession or talk around the UK and possible IMF bailout"

Why on earth would UK need a bailout?

They just print their own money

"The upside is limited"

Not correct

You are ignoring the potential upside if the deal did not happen

If WG remained independent then in 10 years the shares could be over £10

Is this not still overvalued when compared to other legacy media companies such as RCH ?

RCH is on a PE of 3

Price to Book Value 0.3

Dividend yield 13%

This surely makes FUTR look overvalued ?

Sidara have already handed over the $450 million

It is a done deal

Buy at 25p - profit of 20%

Buy at 24p - profit of 25%

Buy at 23p - profit of 30%

Investors have just lost interest and so the Market Makers are playing silly games with the price and trying to get small shareholders to sell their shares

The RNS last week said :

"The Company now has access to the $250 million Sidara Interim Funding and the $200 million New Money Facility"

Does this not mean that they have received the money?

The General Meeting tomorrow may confirm the court dates

This could see a very sudden move up to 27p

The share price is like a coiled spring

Everyone knows it is going to 30p within a few weeks

The fall each day is simply due to :

1. Market makers dropping the price with the hope of shaking small shareholders out of their shares

2. Small shareholders with a few thousand shares getting scared at the falling price and selling out

Institutions are not participating in this game and they are sensibly just waiting for the guaranteed 30p or perhaps even higher

As they say in the markets, money flows from weak hands to strong hands

There will probably be further updates on everything at the General Meeting on Thursday 11th December

Any news on the court time etc could see a very sudden move up to 27p or above

The market makers must be laughing as foolish holders hand over their 30p shares for 23p !

Buy at 25p - Guaranteed profit of 20%

Buy at 24p - Guaranteed profit of 25%

Buy at 23p - Guaranteed profit of 30%

So this is an annual return of between 40% and 60%

Is this not a big problem?

PayPoint vs Global-365 lawsuit details

Global-365's lawsuit alleges that PayPoint abused its dominant market position in the pre-pay energy market through exclusive agreements with major UK energy suppliers.

The claim, filed in July 2023, is for over £200 million in damages.

The only certainty is that these will be 30p at some time in the next few weeks or in June at the very latest

Buy at 25p - Guaranteed return and profit of 20%

Buy at 24p - Guaranteed return and profit of 25%

Buy at 23p - Guaranteed return and profit of 30%

It is difficult to see a better investment than WG over the next few weeks

The easy gain is not 20% it is 25%

24p to 30p is an easy gain of 25% in a few weeks

It may even go to 35p or more with another bidder

Gone in big for an easy gain of 25%

Probably some stories in the weekend papers will see this nearer to 30p next week

Any buys at under 27p will still have a profit of at least 10%

Also still the chance of a higher price bidder at 35p or higher

"I assume it means as long as no lender calls in their loan for early repayment"

But all the loans and financing have been agreed and extended to 2028

A lender cannot just call in a loan for no reason

They have to act in a legal way

So it looks like the deal is completed now

This will be 29p soon

What does this final condition mean exactly?

Wood has the $450 million now so is this final condition just irrelevant now?

"The Acquisition continues to be conditional upon, among other things, the following outstanding Exceptional Condition: there having been no termination (other than by reason of a voluntary prepayment and/or cancellation in respect of the Interim Facility or the New Money Facility) or acceleration of any Amended Wood Debt Facility with an outstanding principal amount of $20 million or higher, as set out in section 4(A) of Part A of Part III (Conditions to the Implementation of the Scheme and to the Acquisition) of the Scheme Document"

"We look forward to realising Wood’s full potential within Sidara.”

It is very unlikely that the CEO of Sidara would have said this if there was any doubt about the Acquisition and the 30p