Member Info for cluelessinvestor

Short has closed.

Yesterday:
03/12/20 07:16 400,000 43.04 0.00 0.00 £172,172.00 Buy

RNS:
Date dealing undertaken:
02 December 2020
0.1p ordinary
Buy
400000
0.43043 GBP
0.43043 GBP

The company never said they "was not aware of any substantive reason for the rise."

They said they noted the rise because they were forced to by market rules.

I work for the NHS in Finance, I can tell you categorically there's loads and loads of money to go round, it's got nothing to do with migrants.

The money is wasted paying ridiculous amounts to 'management consultants', 'projects' and other silly reimbursements which if the standard taxpayer saw would be appaled.

If the citizens of this country really want change, they have to stop voting for the same idiots every single election, and they have to stop blaming immigrants for everything.

My grandparents are immigrants to this country and have never taken a penny off the government, they worked hard labour and used that money to start businesses, buy houses and now they live comfortably off that.

I don't think so, I think if it was just MT to be sold it would have happened by now, plus iirc MT sale doesn't need shareholders to vote on it?

My own theory, but I think unofficially a price was agreed, they decided to bring DLA Piper to make the process official but the buyer wants everything to be finalised (i.e. DFS update) before they confirm the bid to the market. WIth all the big buys coming in, the timing of the 2.9 announcement was interesting, and then you have a RNS with a DFS update the day after?

I believe an offer has come through for a full company sale and in accordance with the 2.9 it will be revealed to the market shortly, like I said, my own theory.

- UBS
- II placing at market price
- Flanks
- DLA Piper
- Rule 2.9 Announcement
- WK DFS Update

I wonder if the final piece of the jigsaw was the DFS update, now we just wait for the confirmation of the offer.

It's all ego, all these so called experts spouting crap about companies on here, Twitter etc. are usually just mad that they missed the chance to make big money so they continue to spread lies and false information.

Ignore 9inchNail, he was deramping NCYT at £1 and lost the chance to make a fortune.

He was also also telling everyone here that they lost their money during suspension.

Just one of a bunch of fools.

https://twitter.com/The_MadStork/status/1334155267005681666

Looks like someone is about to burn...

"OUR SHARES IN ISSUE HAS CHANGED DURING THE OFFER PERIOD, DUE TO THE PLACING. IT'S UNCLEAR WHY EUA ONLY ISSUED THE UPDATE NOW THOUGH, AS IT'S BEEN A WHILE AND THE RULE SAYS "AS SOON AS POSSIBLE".

This is the thing, it's been a very long time since the placing, so like you said, why the 2.9 now?Any FSP formalities in regards to following general protocol would have been followed after the placing, not all the way in December so it may indicate something is afloat.

At the moment everything is just speculation but with all the big buying that has been going on, one could only assume that something is about to happen. Time will tell.

Frances bought back in according to her post on Twitter, she couldn't handle the nerve of being out.

I would just ignore Steve at this point, I realised after I was giving replies to people like Scoobie and FreddieJones that we were just feeding their agenda by replying.

Last few weeks we've been really good at drowning out the trolls, let him talk to himself.

Also consider the timing of the 2.9 too, if the 2.9 had no significance, one would question why one hasn’t been released over the last few months, or even after the placing shares came to market.

It's all starting to make sense now, DLA Piper appointed, price held down for weeks, all the big buys, now the 2.9 announcement.

My guess is, recommended cash offer within the next week. GLA

Huge buys in the background, ever wondered why sometimes there's been buying all day and the share price goes down or won't move? It's because there's a big seller in the background.

I guess it works in the same way with the big buys.

If it was a sell I think it would have dragged the SP all the way down at that level, normally large sells on that level take the price way under the bid no?

https://twitter.com/GMF782/status/1333792510292807682

If the calculations to work out to be 30pish for each 1 billion, I think a 6 billion valuation seems reasonable, so maybe up to £1.80 a share. On the a more realistic side, I would think now £1.50 is the expected price. £2 would be amazing, wouldn't be impossible but I'll revise my target £1+ to between £1.50-£1.80.

Just a theory after reading the press release.

I think there is a bidding war going on, I keep thinking about the language over the last few months in the RNSs, the removal of NN reference in the Flanks RNS, the rushed nature of that specific RNS.

NN may be trying to stop someone trying to take a powerful position away from right outside their door step.

I remember how proud TDT was that he sold at 15p, he was so confident it would drop back to 4p.