Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
The Rampers were talking about EV and bids of 2 or 4 or even 6 pounds.... all the facts and quotes and articles......
It was the mad extreme of the pendulum.... but as it has swing has it overcorrected..... even some of their garbage had a foothold in reality.... Picking up some prime sites with footfall, using synergies to trim, stock of 150m that even at 10% fire sale is bigger than MC.....
Is all this not worth £25m to MA, or Next or someone......?
Hey look ... I'm a ramper Gaz hahahaha....
Actually .... I'm a mad stoopid gambler (and I won at poker last night !)
DO NOT BUY unless you want to throw your money away !
10000% it is possible …. Look at all the other M&As … they make proposals … Aeges withdrew because the DLG board would not engage with them and published their proposed offer.
The only reason they haven’t is because JD is the CEO…
But can you seriously see the COO, CFO et Al working with him.
Why would they issue two statements. Why would he put that waiver in.
He knows he’s ucked up and is expecting offers to come in …. But he’s forgets the board has to recommend too
Look how it’s played out …
JD scrapes onto board 5 years ago and the bird resigns in protest.
He recruits in his own people and over the next five years drags the SP down fighting and losing multiple CFOs. After losing the last one the BoDs square up and instead of backing down JD goes all in … and has a busted flush.
Now everyone knows they can get the company on the cheap (sub 30m).
Forget JD he ain’t in the picture !
Nope …. There is no way he can have ANOTHER board mass resign, recruit in and rebuild.
He’s toast…. He’s played hard ball with the board and they’ve called his bluff.
Board stays and go CVA and rebuild or TO … either way JD gone and his millions in SD diminished …. Along with his rep.
He didn’t raise a bid situation.
Right from the start it was clear that the SD board forced his hand. It’s been clear he’s been battling his C-suite and the board and this is the end game of their battles. JD is going to come out a loser either way. The question is whether SD survives.
I think it will… maybe with a TO… maybe with a CVA.
Not one person can blame how it’s played out because the warnings have been there from day one …. Check the receipts.
They are all there from THE DAY when it jumped from 15p to 50p people were talking about CVA and no bid and WHY THE BID SITUATION STARTED.
It’s not NOMAD, the panel, the BoD, shorters or anyone else.
Can’t now sheltie… chucked in my 5k @25p and kisses it goodbye.
Emotionally I’m hoping my 100/1 shot of getting my money back and some … but realistically it’s gone…
Oh well …. It’s only money … and profit from SD anyway ….
Stoopid Ocado is bashing me up more though hahaha 😝
Uh uh uh uh …. Gary … let’s get too excited tiger … you know I’m good at getting the receipts…. I never said it wouldn’t go sub 20 …. Here’s the receipts….
“ Ok Gary … I’ll call your 🤡 and raise you a 🤠
Let’s go on a range I’ll go COP 20-25
Are you going 5-10?
Winner is 😎
Loser is top 🤡 ”
You’ll prob win but…. And I’m saying this with luv and respect (and some bants) remember we were both adding some balance and were peed off for getting bashed by Da Ramping crew. You called it right (so far) whilst I’ve changed my position (at the moment). Let those who were out of order slink off … and those who are here nursing wounds partake in debate (read as less bashing up)
♥️🙏🍿
Gary was the other shorter… oh wait … he’s besties with Toffers now and also has no skin in the game …
The only “open” shorter I know is evolve… who has called it spot on ….
I’m down a couple of K on my holding but happy to hold … and see what happens 🙏👍