Member Info for cureboy

You expected it to go down yet the big institutions were happy to buy at the recent £4 offer, maybe you can offer them your expertise...

Leaked news of imminent bid?

Toscafund the major shareholder here almost 30% of the company and I estimate their average to be around 140-150p. They will be looking for decent returns or take it private...200-220 could do it. Need to appease the other major holders though who will be on much higher averages and big losses.

What a boring b****** no offence. Yes, of course they've taken a position because the price is on it's ass.

Sitting duck now. Vultures will be circling.

The big boys want lower entries around this level. ITM well positioned to be a global leader.

It's extremely common

Topped up at 310 and 276 after main purchase was at 404p. My target is 520 and I believe I'll get it this year. ITM well positioned to be a market leader.

Remember folks, institutions recently bit their hand off at 400p a share, they will have had the benefit of having a really good look under the bonnet. This makes the current price an absolute steal. Shorters will soon get squeezed.

Barclays recently reiterated their 600p target and institutions recently ploughed in at 400p. So this current sp is a mystery

I think not because vultures are circling in the form of Toscafund. Takeover most likely outcome around £2-2.50

Sounds like an ex

Nope, but they get it right more often than you or I

Yes recent placing was at 400p. It raised £250million and was oversubscribed. Institutions were eager to buy at 400p - we will be back above that level soon enough, have patience.

Last find raise at £4 was snapped up by institutions so this is now bargain basement

Considering their assets alone, this price is crazy low.

Think markets are bottoming out, I expect a strong recovery in February.

I hold at 357p average, patience is key to investing. Every confidence that this will climb back towards the 700 all time high in time. I won't be selling until then.

I don't think even Putin is reckless enough to invade Ukraine with the West breathing down his neck.

Topped up at 310p this morning. Price was too good to refuse.