Member Info for fairdealer20

The Court process is to ensure Financial protocols have been followed and are correct. Fairness and transparancy are important issues.

More often than not when a Board recommends an offer and the required Vote carries the recomendation, the Court will rubber stamp providing everything is transaparent.

In I3e's case and even though the Board will claim every attempt has been made to acheive best value for shareholders, there is clear evidence the process adopted, jointly by I3e BOD and GTE, has not been open and therefore transparent. UNtil recent times Shareholders have been kept in the Dark, not even a scintela of news to suggest a offer process was underway some months ago.

Agrieved Shareholders have the Right to approach the Court either in person (best) or in writing, identifying issues that the Offer/Deal has not been conducted in a fair and open manner, and does not represent fair value for shareholders..

Treating Shareholders like mushrooms ( kept in the dark and fed BS) will not go down well with the Court

It can be NO coincidence at least 2 I3e shareholders being contacted at this time.

It is high time an aggressive Investigative Journalist dug into the events surrounding this offer and the chicanery taking place.

Your Broker and the caller would be in big trouble with the Data Protection Office, if you wished to pursue

Suspect it is desparation as most unusual for a shareholder to contacted in such a way.

PI's need to consider why was the aledged competitive offer process kept secret, whereas were it open and transparent, the market would have been notified, which would have elevated the SP and not played into the hands of GTE who sat on a NDA....cunning.

Dividends are always at risk, however going with a company who are not rewarding shareholders and unlikely to do so for the foreseeable future, judging by the debt GTE is racking up.

If the vote goes against the view of most posters here, it is to hoped the Court will require full disclosure of the Competitive Offers including conditions set out for ALL including GTE.

Should that occur, it may well reveal some unusual events.

One thing that has come out of this debache, do not trust Majid. I will never invest in a company where he is involved. Period

Not just tragic but obscene. Execs should have pay related to the share performance. That would buck their ideas up.

Majid was deceitful. No serious questions just a scripted diatribe anyone could find in the offer docs.

Misleading if not dishonest to say NDA inplace after a number of unsolicited approaches ( detail of which are not shared with PI's). Shareholders and the Market were not even alerted to these "unsolicited" approaches. GRE had an NDA in place with Majid on 28th February. It is highly likely this agreement bound I3e into an agreement that would "bat away" any 3rd party offers.

No questions on rewards to I3e Execs.

No questions on future dividend policy (GTE)

It was NO incisive interview as LSE conduct just a Charade.

3, it is worse than you describe. with the enforced move towards less and less petrol/diesel vehicles, the Gov are facing a huge Black Hole with the loss of Vehicle Duty ( Eco s opposed to Petrol/Diesel have a massive decrepancy ) plus the loss of Fuel duty. These taxes raise Billions each year. Suspect Eco Car owners are in for an enormous shock ( sorry for the pun)

The company has 660m authorised shares in issue. Any held in Treasury are included in the authorised number and net assets are apportioned to the whole authorised issuance.

Boy racerm from your superior knowledge, what is the total debt?

Macq it is almost the only way debt can be reduced to keep funders happy. How these High Quality pubs are regarded as "Non core" now Marstons only concentrate on Food and Beverage retail, is quite bizzare.

Debt may be reduced so will NAV and Sales revenue.

Unhooked, patience, there is much time yet for offers to materialise. The way GTE SP is tanking, the current offer get worse. Those here promoting the offer will be left with egg all over their faces.

Understand it is 6 months and then the Market regulator will act

The Oil price like most commodities is cyclical. this year $50 next year $100. It is the way of the World.

bots as a very recent investor sitting on a profit and not interested in Dividends, is this investment good for your health? It must give you nightmares judging by the perpetual downbeat posts.

What will be will be, best to take your profits and run, others here can stand the heat.

If the deal goes through I3e's BOD are all gone. That is the words although would be surprised if Ryan(Heath) does'nt reappear, after all he was instrumental in I3e reversing into Gain, that got us the Canadian asset.

As for Majid, I will steer clear of any company that he is involved.

Desoc many of us share your pain. Following the Pensacola debache' confidence in the CEO has virtually disolved, but who knows the Selene drill will give us all the rewards we have patiently waited to receive.

Hope springs eternal!!

Anyone Voting yes should be aware Rachel Reeves is looking at many ways to raise income including high tax rates on short term profits.

1st August Shares suspended.. reason waiting Financial Reports.

4th July Shareholders advised Substantial Funding at an Advanced stage with a Middle East Sovereign Fund.

So far NO updates on either event. What is the problem? Shareholders are entitled to know the ongoing and current position.

Suspension does not hinder fundamental information being issued.

Bots why would GTE covertly twist Majid's arm in February, to sign an NDA if their intentions were not very positive?

Rather than being cynical about your investment and having illusions,, sell and buy back in when the SP has fallen to 9p as suggested.