RBS are linked to the potential bid from AVG. if AVG want HAYT they are not going to get it cheap. Long term funding is a gimme waiting to see what the offer is.
Very leaky this one, we will know when something is coming with increased trades. Should hear about loan facility today if very few trades then that will be extended as well.
Extension to potential offer, sounds like AVG are definitely interested, now if HAYT can secure long term funding the offer price will no doubt have to be a good one.
Should hear on that later today imo.
Think you may be flattering them by calling them an analyst, looks more like they are touting for business on their website. Something sharemuppets are good at. Anyway it was posted prior to trading update.
Judging by the lack of trades I reckon it will be extended. Unless of course we get an intraday tomorrow. But first sign will be lots of trades prior to announcement.
I never reported it but looks like it got deleted lol. People making claims that a company is not financially sound without clear evidence is taking a chance posting on a public board imo
Ed
The company has already stated they are not looking for short term financing and in discussions with RBS for longer term in order to secure future expansion of orders and quicker turnaround.
£500 million of pipeline work over a 2 year period will need a long term strategy not saying they are going to get all of it but they will get a proportion.
Next 2 days will either secure long term finance or a bid imo.