focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Franalex you make some very valid points, my experience is that it’s the potential bidders that take the brunt of the adviser fees. With two potential bidders there must be a certain amount of duplication. Diversion of management time is likely be a bigger risk to the growth of Equals going forward if this continues to drag on. Still believe any fall back in the share price presents a buying opportunity.
This saga has been going on too long. If no bid is announced tomorrow then the shares are likely to fall back. I think if there is bid I think they should just walk away. Could create a great buying opportunity. Watch any activity on the shares today to provide an indicator.
In the lead up to annual results you normally expect a bit of movement in the stock, maybe there will be a few late buys. I am however, unless it is less leaky that most Companies, expecting an inline result, there will be no takeover . I hope I am proved wrong but I have my doubts.
I’m with Zebbo. Anything under £1.50 would be a disaster for shareholders. Yesterday another share I hold received a takeover approach and I was slightly disappointed that the offer appears to have been accepted. There is a lot of interest currently in UK small caps, because they are undervalued. If we don’t get at least £1.60 I would rather wait and reap the rewards as the Company grows.
The first trading day after Easter sees a positive start with good volumes and increasing share price. There is bound to be a few traders in the market for shares in the next few days. Expect to see some volatility in the lead up to the results. Enjoy the ride.
That’s a very interesting article from the IC. We will now get to see how serious Madison Dearborn are. It always helps to have two interested parties vying for a share. I’m surprised there has not been more interest from the Banking Sector, it’s a cheap way of buying into the technology. Looking forward to a bidding war.
I am always encouraged when I see Directors buying, over the last 6 months a number of them have reinvested their dividends back into the Company at much higher levels than today’s share price. The share price fall seems overdone to me. At these levels it may be a takeover target! At these prices there will be traders trying to make a quick buck, evidenced by the rebound in the share price yesterday afternoon, long term holders will I believe be rewarded over the coming months.
Although there are a number of sales this morning they are not significant. It will be interesting this afternoon or tomorrow whether those looking for a bargain start buying. Zebbo is right there is no premium in the share price at these levels. Tempted to add to my holding if it falls much lower.
My reading of the statement is that there will be no extension beyond this one.
It’s put up or shut up. They clearly are interested otherwise they would not be spending this amount of time negotiating. It will come down to terms and price. I for one do not want to sell it cheaply.