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Distressed
As a rule, ignore all the posts, and you’re right there are many, that blame the sp movement on market makers.
It’s a nonsense. The share price will do what it’s going to do. Market makers don’t spend there time manipulating markets one way or the other for the hell of it.
Alas, those days are long gone. I used to be one.
I think I can speak for manifesto, Ihavenoclue and myself, when I say that we are all eagerly anticipating some sort of basis changing news in the not too distant future. Perhaps as soon as this week???
An RNS could drop at any time. Possibly when we least expect it.
Schlemiel
You can’t expect a share price boost once interest rates start coming down. This has already been more than discounted. NAS has had a record half year in anticipation. THG has not been left behind the rest of the field.
So, if you want a big payday you should hope for some kind of capital event.
Both myself and manifesto think that either an mbo or a hostile takeover is most definitely on the cards.
I think
The way it will play out is as follows.
A bid will appear at some stage, probably soon, the sp is moving against the bidders wishes at the moment.
No one is able to build a meaningful stake. Volume too low and shares too tightly held.
MM won’t want to lose control of his baby and counter bid, at a decent level. He has probably already got me backing lined up.
Then it’s just a question of whether we get into a bidding war, which would be great fun.
I expect all this to happen sooner rather than later. But even if it doesn’t, I think the sp will revert to fairish value soon.
So my advice (and I have a decent track record in these things) would be to fill your boots.
GLA
Cont.
These two director purchases confirms, categorically, that nothing is in the offing.
You posting the same drivel twenty times a day, doesn’t make it more possible.
The sp is finally moving in the right direction for the right reasons. Just relax, sit back and enjoy the ride.
Your ramping is just annoying.
Manifesto
Time and time again I, and others, have pointed out that MM simply cannot have been approached or be lining up an mbo. He is under obligation to inform the board. And he would have told his friend of twenty years, John Galimore
John Gallemore and MM are mates.
If an mbo was being mooted then he would definitely know, and be done for insider trading. He wouldn’t risk it, he has a big holding anyway.
There cannot be an mbo, as much as we all want one.
It’s a waste of time contemplating it.
Manifesto posts many times a day on the probability.
I’m just reiterating what we all thought when he bought the shares.
Manifesto
You keep banging on about an mbo.
You stopped for a few hours after the directors dealings were announced.
There can’t be an mbo being planned. Otherwise JG and the other NED will go to prison for insider trading.
Unless, of course, you know something that those two directors aren’t privy to!!!