Member Info for D220

I REALLY want KAV to have made a definitive discovery before they start doing any JVs. More risk but more upside...

Despite saying I wouldn't buy more here, I have just had another 500k shares at 1.91p for a family account. I'm calling bottom here!
Which is probably the kiss of death!

My order has disappered but no sign that the transaction executed! Maybe nobody wants to sell at this level...?

Difficult to buy. Got 1m at 1.04 but then just NT for even 100k shares. Have placed a fill or kill for another 1m at 1.05 but doubt I will get them....

Reopening soon!
https://www.telegraph.co.uk/business/2022/08/15/rough-gas-storage-site-cleared-start-filling-within-weeks/

https://www.telegraph.co.uk/business/2022/08/12/next-pm-should-not-bounced-stupid-energy-policies-mood-near/
Really interesting "contrarian" article by an economist who I have found to often be correct.
"At the risk of sticking my neck out, gas prices might well be significantly lower in January than today, whatever Putin does"

Cheaply or not, I would be amazed if 575p didn't swing it. FWIW, It would get my approval.

Dual listing will mean me selling up. I'm holding ORPH as part of an IHT portfolio, so that would spoil things for me so hope they don't.

GLR, I think you are correct. Looking at the rise this morning, it looks to me as if there is inbound interest here. Ineos about to pounce for KIST?

Now buying at 550p! Is Serica about to raise their offer? :-)
Or is Ineos going to steam in?

I had plans to dispose of a sizeable chunk this month due to a death in the family. However, I am convinced that the bidding isn't yet done and I have deferred any sale until the end of the year when I believe Serica will have been bought. Stopping KIST getting hold of 50k shares might not have much of an effect but will hopefully be a small help to pushing up the offer price.

Oh, and IF no buyout happens, I am content to keep taking the (hopefully much increased) dividends and play the lottery with the N Eigg drill!

NKOTB, I think most long termers here know that the deal significantly undervalues SQZ. Some may think this is a convenient exit point though, especially the larger holders that would otherwise struggle to sell into the market without dipping the price (that's you Mr and Mrs Hardy!). But even then, I don't see why anyone would bite off AA's hand at a supposed 425p when much of it is not cash and therefore subject to tha vagaries of the market before the deal closes. Surely the sensible thing to do is sit tight and wait for what must surely be on its' way - a rival bid?
I won't take a penny less than 450p cash for the 220k+ shares I control, and have told MF this. Not exactly the clout of the Hardys, but I think holders should let our BOD know how we feel!
Let's see if anyone else comes out of the woodowrk over the next couple of weeks.

Putin at it again:
(from Telegraph)
"Putin has cut gas supplies to Europe through the Nord Stream pipeline just days after restarting flows, marking an escalation of the continent’s energy crisis.

Gazprom will cut flows through the link to about 20pc of its capacity from 7am Moscow time on Wednesday.

Flows restarted through the pipeline last week at about 40pc of capacity following 10 days of planned maintenance work. They’ve been at roughly that level since Russia first cut supplies last month."

It is inconceivable that AA hasn't at least tried talking to the Hardys. And why would they NOT talk? Everything has its' price and a cash offer of 425p or 450p might be attractive to them right now?

Telegraph coverage:
https://www.telegraph.co.uk/business/2022/07/25/xi-jinping-can-cripple-western-manufacturing-click-bureaucrats/

I think a PE outfit coming in now with an all cash offer of 450p would get the spoils here.

Nice, decisive "NO!" from the BOD! :-)

Interesting post by lord gnome on advfn:
"I wouldn’t mind betting that Kistos desperation may have something to do with getting wind of another bid currently being discussed. The North Sea is in play and so is Serica."
I wonder if they ARE aware of other interested parties circling? Come on, show your hand chaps!

Me too! Come on Mitch, resist this!