Member Info for Coldspy

Tried a buy near 70p today but cut it due to price action

May go lower yet unfortunately imo. Will keep watching for entry

Lowest price today 37.7p

We spent most of the day in 38 39s

Unless it's some kind of transfer looks more likely to be sells based on price. Hence we went +6% to +2% could have been worked.

Hard to tell anything for sure as so many games are played.

Today overall felt like more sell pressure than buying except the big 500k lump.

PI getting bored and chasing elsewhere but likely to get caught out when news comes.

Looking for short reductions too

Those are some hefty prints after hours. Wonder what they are

Silver Baron thanks for flagging up. Interesting and similar to what I see happening here.

Offer announcement and we open around 10% below on the day

Interesting disclosure RNS

🦆🦆🦆

Bid RNS land next 48 hours

Good luck all

Very welcome start. Hope we can hold onto a nice blue day and week!

Perhaps a few slow drip drip red days ahead to make holders bored and sell.

Just go and keep busy elsewhere and wait for the Big one to land.

The amount of airtime given to the clowns today is laughable. Funnier than the clowns themselves. They must be falling over themselves.

One idiot talks about a placing in the teens or something. Another one abb after hours on a Friday.

Shell, merger, whatnot, extensions, Lots of made up stuff being discussed none of which has been communicated to us by either the company or any 'leak' via a source like the FT

We keep talking about the refinancing, Sidara waiting to see etc. Financing takes months to sort and Sidara have billionaire backers, they like lying couldn't care less about the outstanding finance in that it matters not to them regarding takeover.

Of course it will be priced into the bid but they can likely easily refinance the debt quite easily in the Middle East. Abu Dhabi, Saudi etc don't know where to put their money. If someone will take a billion probably do them a favour.

For now all we know is All Cash Offer for the entire issued share capital. We also know they are keen to move quickly to ensure key staff remain at the Company.

Those are 2 facts regarding the current situation. Everything else is hypothetical or totally made up 🥕

Wood do not desperately need to raise cash to keep the lights on. Worst case they can drawdown from already approved credit lines. They are trying not to increase the debt for now hence they have discussed selling a couple of assets/interests off to raise the 150-200m.

Lets wait for official RNS or news and see where we're at.

Earlier someone said.. Takeover quick profit. Or no takeover mid term recovery. Either way 100-150p ish target over the next 12 months.

Same view here. That's my bottom line either takeover or recovery either way we all make a huge profit IA

Thanks JO for your response this morning

Plenty of discussion here today, nice to see a busy board. Plenty nonsense being posted too 😅

Rock8 they're not negotiating a loaf of bread.

It's hundreds of millions of pounds. It's not that simple.

We've sold 2 businesses recently, they need to be taken off the gross value too. Etc.

Lot has changed.

Although I do believe our new contracts are more profitable and we are leaving the 'riff-raff' to others.

Also no turnkey projects so limited chance of write-downs.

We're well on our way to being a far leaner and profitable company

Anything further you've heard YB from internal memo/update?

Isle, any more Delboy quotes worth a tickle?

JO, any observations from today's RNS or other developments in the banking world..

TIA

Nicely done PJ. You called the 43p top pretty well too if I remember correctly. Need a peak at your charting :)

MM's done a real number. Took stops out.

Excellent volume now

Aggressive flush. Let's see where we end up.

Liquidity hunt. Probably loaded 100,000s

Was thinking that SWLC. Bet it wasn't a mistake. Just made to look like one so they have plausible deniability

Calling MM's pricks. Do you have a problem

It's hardly crashing at 1.76% down.

Few called it already from the morning could finish red. Chart didn't look great

Doesn't take much to turn it around either. Let them play until it's time, will know when news leaks as volume will be huge and it'll lock up into auction

Have taken some back today.

1/3 holding, not full.

See upside to 90p initial.

Trump comments short while ago to pressure partial ceasefire initially

Short term chart looking pretty rubbish tbh.

Will it turn around or keep sliding. We'll see.

News could be weeks away.

Worth selling? No. Just hold because at any moment news could come. You just don't know when. And the 10% 20% swing will pale in comparison to the takeover deal 160% above current SP

I'm down thousands since the start of the week. But for now just holding.

Fantastic trade from the drop. Well done those who grabbed a load