Member Info for CR888

Ok I have fresh insights here from sources in Uk

1. the vote and scheme June 18 th

A new bidder has until June 18 th

Noon to appear

Secondly so far it looks like a Yes vote is highly likely because firstly KKR , the board and one other entity have already pledged their votes as yes ( 19 per cent ) … also other blocks of shares are already leaning strongly towards a yes vote

Remember that over 25 per cent of those who vote must say No , and apparently this is currently highly unlikely . So we can not rely on a no vote at all

2. Court case

There are 2 people not just Lynch in court

The second guy included a video testimony from

poppy .

Now if both by a miracle get fully acquitted fast , some days before June 18 , then that could change the vote dynamics

3. another bid ?

Still time for another bid , until

Noon on June 18

So far no sign

If there was a miracle no vote swayed by the result of the court case … then Thoma Bravo traditionally will not increase their offer …

If another bidder comes then Thoma Bravo might increase their offer

I am On the edge of my Private Jet seat - well you know what I mean !

The board wins either way , they loaded up on shares and will get more shares when the company private

Https://www.ft.com/content/e4d32fb6-4f42-41bc-adf1-9a10edec4928

Https://www.reuters.com/legal/us-criminal-trial-british-tech-founder-mike-lynch-wrap-up-2024-06-03/

Watch Mike lynch jury in Usa

Has anyone here watched a football match ?

Or a Horse race ?

Well we still have 14 days to go , not the end of the race yet ….

When will Mike Lynch Jury deliberate ? This week ?

If so could their verdict come any day ?

I guess HKK wants to buy back Dark after a no vote, then Drak might temporarily drop to say 500p? and then a higher bid comes in :)

The legal case in next 14 days could be key

It will be a miracle if Thoma Bravo get away with this low offer of 600 p to 620 , but let’s see the next 2 weeks

A Uk election too , thrown into the mix , no political power to stop this buyer

We need the Jury to decide by June 14 Mile Lynch case - I guess they will get him on something but hopefully minor - but I wonder if damages will be charged

Will Poppy be left off the hook in ML court case if do she might vote No

Agree - Nasdaq and S and P near record highs

A tech company in Usa could offer shares to buy out Dark for peanuts even at 800 p or 900 p a share given exchange rate

Also Mike lynch court case in parallel reaching a climax in next week or two at exactly same time as the end of the 21 days of June 18

And yes voters may wait til last minute to see full picture before voting , especially as Mike lynch result could come out before June 18

A cliff hanger with many dimensions

HKK yes.....interestingly the Jury starts deliberating next week.....

Imagine if he were acquitted days before the June 18th Vote?

After next week Friday , we might guess the probability of another bid drops ? statistically in the 21 days when do most counter bids happen in Uk ?

Kick your post is very unprofessional

No deal is done til approved by vote , vote could go either way

June 18 is the final date by which a new bid can arrive

Until that date a new bid may or not appear , no one knows ! Including you

It was reported in Ft article yesterday

Agree looks cheap

If a new bidder could is coming , surely by end of next week ?

Ft has an article about ML court case , the jury deliberated next week !

Secondly June 18 might be the last day for another bid ?

No sign of life yet !

Unbelievable - surely Dark too small for FTSE 100

Let’s see

HKK where is the bid by Microsoft ?

I thought you were quite sure one of the big Tech would come riding over the hill to save the day ?

Stop losses were hit ..

I expect Dark to rise back to 595 p at least early next week

Then maybe a massive drop after the No vote … just kidding I think