Member Info for CaptainSwag

James...maybe.

Tbh after Monday I am pretty shell shocked still.

James. They can afford it but the question is whether they want to.

Unfortunately the clown has put so much fear into people that did now have the upper hand.

85p is achievable but I would not be surprised is a bid less than this was offered .

I agree it would be prudent for did to wait for the accounts to be finalised.

However the longer they leave it the more chance wood will get the finance sorted out.

I believe sid are in the strongest position they have ever been..

At this stage it is just guessing - and as these things tend to take longer than sooner..my gut is saying an extension.

I really hope that it gets sorted before suspension - as it is really going into the unknown.

Shorts will defo want out and a lot of retail.

"Does anyone else think that the auditors should be looking at a chunky negligence claim?"

I doubt it.

The small print usually says that they are not responsible blah blah.

They will say that they took the accounts in good faith...and checked what was given. If the accounts were wrong cos of actions by wood management then that will be where the blame lies..

Gonzo...i agree with you. I suspect an extension will be granted and then the share will be suspended.

You will have to decide to be in or out at that stage

It will most likely change hands whilst shares are suspended..but at what price?

Previously I said 90p +- 15%

I now think the lower figure after the xxxx show yesterday

Wood seem determined to snatch defeat out of the Jaws of victory

Atan. His delivery of the presentation with the last trading update was poor. He raced through the rns and avoided questions to seemingly get out quick .

An aim company needs a CEO that is going to sell the jam tomorrow and I am not sure he is that interested in what I saw .

Yesterday's rns didn't really have any bad news - other than the management is rubbish - which we all already knew - and that they do not look after shareholder investment.

we knew the review was going to produce some issues - and highlight very poor leadership - although it seems bordering on criminal if they are distorting accounts. however that was all known before

the suspension could have been advised earlier - they must have known for awhile that the accounts would be late

what it has done is put negotiations in favour of sid.

wjilst this means that it is more likely the sale will go through - the price will have come down

Probably nobody cares

i think shareholders can expect the same excellent communication going forward.....lol

Sounding a bit like a clown yourself.

If you don't see that today's rns has damaged wood position in the negotiation then you really are blinkered.

There is no way your figure of 185 is at all realistic

Ice cool...you are

Broomtree..we will know about Sid before suspension imho.

They know the outcome of the report..they were always going to try for a low ball offer...unfortunately the badly worded rns has crashed the SP yet again and played into sides hands

Ice cool..clearly the market reaction to the review was not all priced in..hence the crash again this morning.

It should have been..but the CEO message each time means that it is now crashed three times on the same news.

The second should never have happened as it was good news but his belligerent style in presentation further damaged things.

And here is the rub...wood is suffering from lack of sentiment because no one trusts this CEO.

And his interest in protecting share holder interest.

A company is only ever as good as it's leader..which is why the likes of yourself quoting £2 bid were always going to get it wrong.

Looks like it will need an egm to get rid of this clown

Totally agree sushi

the sale will go through - unfortunately this update favours sid .

i got poo poeed with my 90p +- 15% prediction. i would say that at the moment i think the lower price will be justified.

wood really need to get the finance deal done before end of April

Sidara will buy - but at a much lower price than their last bid

this has played right into their hands unfortunately

i was poo pooed at 90p+- 15%..would say it will be at lower mark at the moment

Beamer...of course the current SP has meaning to any bid.

They only returned once the SP had got 20s meaning that they could get a low ball offer and say we'll look at the SP.

The market has set a price on wood which is mainly down to how rubbish the management and their communication has been.

The fact is wood was £1.50 ISH before all the bad news ...not £2.

Iis will be looking at current SP trajectory and saying..

You know what we are open to a bid where we weren't previously just to get cash back with maybe a modest return.

Could wood be worth a lot more in a couple of years time..maybe..probably..

But who knows with this clown in charge.

"@IceCool 'The only ones desperate for Wood to sell at any price are those who jumped in during the Valentine’s Day massacre.'"

I obviously bought in before. However I am less and less impressed with the management and don't like seeing 60% drops in a day in SP with radio silence.

I don't invest in ftse companies for this kind of stress.

It wasn't once or even twice but 3 times.

I am not sentimental about stocks but I am about£s..

Therefore yes I want out

Why wait 3-5 years and for what?

At the moment there is no guarantee what the price will be?

I am sure sidara..a giant themselves get plenty of tenders and know how to price them already.

They want wood group staff

"Why has it stopped at 40(ish) p? Have some common sense. 60p max offer from Sidara. People in the know, know what the offer is going to be and that's why they shorts are still hanging around. This is not FUD as you put it, it is simply looking at the facts and not deceiving myself with nonsense."

I believe it has stopped at 40p because the market is hedging its bets. MMs want to reduce exposure in both directions.

It could rocket on £1.40+ or drop on did walking away back to 30p. And anything in between ..nobody knows. Finance and review are other variables in the equation.

I suspect the shorts will be looking to close and again they night be keeping it at a level to assist them. So they still make money

We know people are trading this and so the natural resistance and oscillation around 40p get more set in the Groove.

Personally I think anybody at this price has a good chance of doubling their money

Says girl who was left on a desert island on purpose