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He would just be diluting his own shares to his detriment
I think he just wants to keep everyone happy and hoping he can take it private quickly without any hostility and bids
If he does do placement then that just dilutes the shares much less so shares are worth morays just 300 million in issue
RE: Open offerToday 13:05
Ok thanks
So just worked out what average would be if allocation taken up
40p 5.3p
30p 4.2p
20p 3.1p
10p 2.0p
With 900 million shares in issue
Please correct me if wrong
If you hold at 30p say to get your money back the new share price you would need to receive is 4.2p per share ?
Also it will be a bit less than this as I noted that it’s 8 million euro to raise not pounds
Regards forest
Yes I agree
What you need to realise though is your average will be alot less because you havd bought 8 for 1 at 1p each
The calculations I did are roughly correct (prob bit less as you say are in euros )as what the new sp would be to get your old average
Ok thanks
So just worked out what average would be if allocation taken up
40p 5.3p
30p 4.2p
20p 3.1p
10p 2.0p
With 900 million shares in issue
Please correct me if wrong
If you hold at 30p say to get your money back the new share price you would need to receive is 4.2p per share ?
Regards forest
Just clarifying
As I read it you get 1share at 1pfor your share you hold , I assume this means we just have double the shared in issue as will only raise 1 million so jd will put the other 7 million to it
Thoughts please
Hi Sheltie
Well if it’s such a good deal to go private
Then why won’t we get another interested party who comes in and offers a better deal
Let’s see what happens
Hopefully someone /other bidders will put spanner in the works
Hash
Are there enough of us though to cause a problem to the amount of votes he needs ?
Thoughts on how the larger shareholders might vote ?
Peel hunt are acting as advisers so they will vote for it I presume?
Realistically that’s where I am at as not worth selling at this price
What are your thoughts on outcome? Are there enough of us shareholders to cast enough votes to affect this , as I’m sure he will have people telling the major shareholders to vote for it
Like people have mentioned we could get a hostile bidder in meantime who messes up jd plans and they could just clear high interest debt when allowed
Also if things get dragged on it could bring another ip sale in
All thoughts appreciated
No way am I selling at this price it’s a complete shafting they are trying to force upon us all
Hi Gary
Why do you continuously post your negativity here when you have no interest
I really don’t know why you waste your time
Your free to do what you want but all your negative posts are like you have an agenda against Superdry
They will make no difference to share price
Are you short and hoping you might frighten a few into selling
Honestly I wouldn’t waste your time it won’t affect anything
All the best
Just my views
We will see Tuesday
I see more certainty in the future with extra funding in place
Share price before the rns had no guarantee of funding priced in and no bid priced in
There will obviously be sellers and buyers
Tuesday is just one day it’s the future I’m more concerned with
Good luck all investors
I don’t post that much
But don’t listen to all the negative posts from posters just here to frighten people to sell
There are many potential and current positives here
The Hilco extra loan although high interest we wasn’t even sure we had this agreed until the rns Friday
The board basically will not allow jd to get this cheap and no shareholder is going to vote for that even if it ever gets to that stage
There could be another bidder /bidders at any time as per various articles times etc
We have enough funding now to get us through the year easily which was uncertain before rns
Ip sales could happen at any time
Kellet and many others have recently invested
Jd knows the brand is worth a lot to right bidders and the way the rns from him is worded he is trying to say the company is worth a lot less than it is
I do not see a major change in share price on Tuesday as there is even more certainty about Superdry and it’s future with funding than there was before Thursday rns
Did any of us really think he was going to make a straight bid
I say he will either come back with a proper bid or others will now or we will carry on as we were before but with extra liquidity
Good luck holders