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Looks like the new FD may have worked with the chairman at Orca exploration. All my opinion
Art - noble have only just about got a rig , Helium one own their own rig so destiny in own hands . All my opinion
Hi all , I think you will find they are replacing mining experience with oil and gas experience. All my opinion
Punter - I am saying that processes be it be sales , planning etc are taking longer since covid due to people working from home etc . I think they are just trying to squeeze as much out of the first binding offer to put to shareholders as a company sale as an asset sale is messy . MC said himself that the only reason they are calling it an asset sale is so they can approach multiple potential buyers and are not bound to a small number by the takeover panel . I think the non binding offers will firm up to binding when the Jim Mellon price is hit and I think they are not far off with all this confidence in the last week or so . All my opinion
Punter - these so called clowns you’re talking about hannam and partners are only the best investment bank in this space . Everything since covid is taking longer .All my opinion
Pet - Say predictive text
Art - I think you are getting mixed up with what a NED is therefore. Ian stalker was a non exec chairman and so was only an advisor. He was not executive chairman so had a major pet in running the company . Non execs are there to look after the shareholder interests from the side lines not run the company . It would be a different story had Ian been executive chairman. All my opinion
Hi all - I think you may find Ian is stepping down as his experience is in mining where as the new chairman’s experience is oil and gas . All my opinion
Cantona- I see your point . I just don’t get why you would get rid of on demand to clean up operations and then buy a loss making publication something that is non core for a few million. I just think Matt should either get in with getting to FCF positive rather than buying more headaches and bad publicity unless he plans to mbo at 2.50 in the next couple of months which looks very likely. I just feel frustrated as he was staring to play the game with the city and showing to do the right things .All in my opinion
Hi all - not got much comment on the city am deal although I do think Matt should concentrate on getting Thg to FCF positive rather than being distracted with a loss making add on . Maybe the MBO is in the offing given his total disregard to listening to investor concerns . All my opinion
Cantona- I do agree as with most of your posts . Mike Ashley also not only had a bigger controlling stake after the sdi float but he had a hell of a lot more cash 929 million so could really do what he liked . Matt only has 25 percent and most of his wealth is tied up in Thg and property related to Thg . Add on top the need for cash to keep growing ingenuity then a capital event is a must . MBO must be favourite if not then a part sale or relist of Beauty or nutrition or both to bring in the cash to not only fund ingenuity but get the share price up to more respectable levels . All my opinion
I agree an mbo is most likely scenario however I’m not so sure JG would be allowed to be a director of a company for that purpose having one just topped up his holding and also a director of the target company . I do think there will be some corporate action of not soon now the golden share has gone and Matts contempt for proper corporate governance points massively in the mbo direction. All my opinion
Look I personally couldn’t care less who Matt sold the on demand division too. If he intends on staying listed he needs to start playing the game and stop running the company as if it’s a family business as it it not . If you want to be respected and get decent institutions investing then you need to be whiter than whiter or hit the numbers consistently. Look this is a small drying the context of Thg but if you do anything that the idiot press can spin then it isn’t helpful to both the company and shareholders. All my opinion
Dg - Leigh amery is Matt mouldings brother in law I now have it on good authority. My opinion
Yes wife’s brother I’m told . All my opinion
2 phevs - haha made me laugh that. I don t mean my observations to come across as negative. I am still long Thg with a sizeable derivative position. I think Matt has built a great business and it will come good for the sum of the parts value of 2-2.50. I just think if he wants to stay listed he needs to play the game . Selling on demand to your brother in law if true is not really playing the game . All my opinion
Rock - I am told the person who bought on demand is matts brother in law don’t know if true . All my opinion
Big purps - it’s hardly the financial capital of the northwest is it . All my opinion
I think sandbach is another deluded punter like his near neighbour northwich . Sandbach you could buy the whole of sandbach for 6 mill it’s a dump . All my opinion