The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Shawbrook already qualify by a mile will be included in June - part reason for the recent rise
Iain Cornish was Chief Executive of the Yorkshire Building Society. He joined the Society in 1992 and held a number of senior management positions prior to being appointed Chief Executive in 2003. He retired in 2011. He was a member of the Financial Services Authority Practitioner Panel from 2007 to 2011, becoming its Chairman in 2009. He is currently a non-executive director of St James’s Place and Arrow Global Group PLC.
Google showing 20% drop
Many thanks ATB
but can anyone point me to factual evidence why this share will be taking off.....why there will soon be news.....what news can be expected. I have researched but found nothing Thanks anyone
Excellent progress - a solid performance from a well managed company.
Is that Boom as in OMG !!
Glad I sold my LHD and put the cash in PMG couple of weeks ago - already showing a nice little increase. I cannot see what Cornhill are playing at here, there is clearly no more cash on the table now so get on with it and lets all move forward together.
Good move, I will follow your posts and wish you all the best, Regards
No point sitting on your hands now - the BOD have laid it out plain and clear through today's rns. I am not prepared to watch the price shrink further so have sold out and am moving into PMG at hopefully below 12p. I see it as a damage limitation exercise now and will try to get at least some of my losses back by doing this. GLA
Have recommended your post - you sum the situation up precisely, ATB
P:S: Not that I necessarily think the PMG deal will come off - they may walk away after reading this rns - but have learned a lot about PMG by following this negotiation and they seem like a better investment.
Long but sums it up well - I`m getting out and putting my cash in PMG today. ATB
Can anyone put price on Cornhill's holding / ie., what did they pay for the shares
Thanks for that, ATB
25% support - does that mean they can effectively block the deal or can the board still push it through?
My vote is for the deal
The scenario of running down and returning value to shareholders is a very long and expensive process. I have been involved in "Fire Sales" before. Invariably there is a very small value remaining in the end to distribute. I definitely will not be waiting that long !!!
I worry that we play this deal until PMG walk away. I can see in such a case we find ourselves in a situation where the SP goes into free fall leaving us with nothing to sell. I am a modest shareholder here and can see in the longer term the PMG deal could be very beneficial to us. I would be happy to tuck the shares away for the longer term, comfortable in the knowledge we can look forward to an increased value. If the deal does not come off then I think its time to get out and lick my wounds - otherwise lose the lot.
The Cornhill stance reads to me like a negotiating ploy.with a view to getting an improved offer from PMG. I still cannot find a positive reason being proposed by cornhill for their objections to the deal - except, they would like to see a better offer on the table.