Any thoughts to where the share price could go before delisting?
Looks like the open offer prices after delisting are a separate entity to the share price now as the company will be valued much higher when re rated so who knows where we will end up ?
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
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
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