Member Info for CDF1

dj_shares

A very interesting first post !

Do you work for the dark side ?

https://www.ft.com/content/384c2f2e-8951-4ddf-adef-c361ef05ed99

1887

Then I'd imagine ALL those who cashed out or were certain it wouldn't happen would congratulate those who got paid out?

Yeah course they would !!

1887 - that would be most acceptable :-)

On that basis I would continue to shop at 'Morrisons' and 'McColls' and so would all my family.

Otherwise 'Asda' here we come ..

drizzy90

17 million / 280 million shares = 6p - I'd accept that !

1887 - why stop at 75p ?

I'd be quite content with £1 per share - yeah right !

Think we'll be lucky to see 5p per share but you never know !

Flip side it's nothing ..

https://www.theafricareport.com/204447/ghana-turnaround-will-generate-12bn-in-revenues-tullow/

SkyMonkey - this was the response I received from the Administrator (PwC) on the 10th May (1 week ago!)

McColl's Retail Group PLC - in Administration ("the Company")

Thank you for your query titled "Status of my ******* currently suspended shares ?". This has been allocated a reference number of *********

We will be issuing the Joint Administrator's Proposals in the coming weeks which will contain details regarding any potential return to Shareholders.

Now I’m off out for a walk and to get some (free) fresh air !

Absolutely disgraceful that OUR money bought him out and will continue to fund conversions !!!!

I’m not often lost for words BUT this has left me speechless!!!

https://www.thisismoney.co.uk/money/markets/article-10816121/amp/McColls-boss-Jonathan-Miller-560k-payoff-crash.html

Miller left the firm after six years in charge. Sources said he owned 10 per cent of the company's shares,
now worthless after the collapse ?????
*********************************

https://www.thisismoney.co.uk/money/markets/article-10816121/amp/McColls-boss-Jonathan-Miller-560k-payoff-crash.html

TrebleTreble

Thanks for asking and providing the update.

So basically reading between the lines could yet be a while !

DYOR - GLA

Good work trying to steady the ship Beetham !

But some don't have an average of around 20p so worry may take some out earlier!

DYOR - GLA

https://www.retailgazette.co.uk/blog/2022/05/what-next-for-mccolls-under-morrisons/

“Morrisons now has a platform to grow its convenience business in a very low cost way,” he tells Retail Gazette.

https://finance.yahoo.com/news/breakeven-near-tullow-oil-plc-054927811.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAEgp2PD4R0JEB1qyc3X4NSQqo-INJbGDWOOV0IIi9pPMAgRMbNWAtHTt-yRFpM04ZPGWXKTeHp2J4LaVzJBIJvh6coHAMtFrCskokdMM7bQeXlxd3o9vleEjZxXLhZMS_vTmGHMg-Iz1b5dpOICLijV9pcSJANRefZhSkFXI3FPX

Everybody's direct lines are dead too ?

bailiff

Fax number is still live though ! How strange just tried phone line sounds disconnected !

This was my response to PwC's email Rodgetrades

Thanks for the response.

Like most PI's I am trusting that the takeover offer McColls secured was honorable.

I will look forward to hearing from you again in due course.