Member Info for chase1

Verry good observation jopabo👍

Https://smallcaps.com.au/blue-star-helium-gas-jackson-29-well-galactica-drilling-success/

@longfell, thx again, i didn't know, night

@Captain, There you mention the vein under the grass. A risk with a deadline that must be worked on by Wood and third parties, night.

Hey I thought Lee Towers sang that (I can see clearly now.....).

My conversation with copilot...

"In 2015, Delek Group acquired Ithaca Energy for £1.06 per share. During this process, two individuals from Delek were appointed as directors at Ithaca—essentially a similar power shift tied to the takeover.

In the case of Sidara and Wood, a similar strategy would make sense, especially considering the size of Wood and the significance of their expertise for the NEOM project. Appointing new leaders can help implement Sidara's vision more effectively and minimize any resistance within Wood.

Do you think Sidara will follow a similar approach, or do you expect them to adopt a different strategy?"

I also bought more today with an average now of 35p/share ( - bought more for the last time)

hoping for the best.

gla

Sidara must own 51% of the shares to own Wood? Can Sidara buy cheap shares as a priority during the suspension to get to this 51%. (sorry, I'm not an expert) - Thanks for your positive input.

Keeping the contracts fairly low and once they have the contact charging higher costs for their repairs that are not described in the contract (incl. insurance cases & force majeure events)... Wood will quickly be back to its old self. gla

I believe the bid was not leaked, can you give the link where it is stated that the bid was leaked? Where do you get these figures 50-60p. for the BOD to WG. I thought that the current SP has nothing to do with the upcoming bid for a company that is represented in 60 countries. As an example for another takeover where there was also uncertainty, there is Itacha Energy where the SP in 2015 was 50p and after a while of voting for the shareholders in 2015 the company IAE.L was bought for 106p/share + 1 or 2 directors of Group Delek in the BOD of IAE. .

Https://uk.finance.yahoo.com/news/wood-group-strengthen-financial-deloitte-074708779.html

I thought one had to own 51% of the shares to be a majority shareholder.

the minimum threshold is to own 51% of the shares. If not, make a bid per share to the other shareholders via a voting round to reach 51%.

It's difficult to say with certainty whether Delec Group could acquire Wood Group (John) without specific information about the strategies and plans of both companies. However, there are some reasons why a company like Delec Group might be interested in acquiring Wood Group (John):

Expansion of services: Wood Group (John) provides technical services in the energy and industrial sectors. By acquiring them, Delec Group could expand its service portfolio and enter new markets.

Synergy benefits: The acquisition could lead to synergy benefits, such as cost savings through economies of scale and more efficient operations.

Strengthening market position: By acquiring Wood Group (John), Delec Group could strengthen its market position and improve its competitive edge.

Innovation and technology: Wood Group (John) might have technologies and innovations that Delec Group can leverage to improve its own services. These are just a few possible reasons.

Can we expect that if it's a low to average offer and Wood accepts the offer, a vote will be held for all shareholders within an additional 1 week?

Uh i can't play i don't live in the uk only have €, £ its virtual for me. 😉

https://www.youtube.com/watch?v=_RpJ0eVr-U0

Mr. Ice Ice Baby did you mean me? Of course I did, even today on the train on my way back from work and would like to add something tomorrow if the prices don't go up too high. 🤔

Usually the price is slightly more than 100% from the last sp value for the final bid.

No honestly thanks for your WG messages. have a good night ... have also a look https://shorttracker.co.uk/company/GB00B5N0P849/

euh i'm just in since this week and sold tlw & qbt

Things rarely work out well for retail investors;

Oh yes can you also give B an example for your A?

The government has a responsibility to respect the rights of shareholders and ensure that rules and regulations are followed. This includes compliance with the Companies (Beneficial Ownership) Regulations GN. 478 of 2023, which promote transparency and integrity within companies by identifying individuals who have significant control or ownership over an entity

Only the 435K shares

My by @ 13:37:37