Member Info for henrytrafalgar

They just raised $10m, closed a couple of weeks ago thomsk

Https://www.earth.com/news/northern-minnesota-harbors-a-fuel-of-tomorrow-researchers-reveal-pr25/

Ultimately, the people responsible for the disaster of OBD up to the end of 2014 were the shareholders. They appointed the board, the board appointed the management.

The rescue financing in January diluted the previous shareholders by 82%, so they have suffered the consequences of poor decision making at AGMs and effectively lost their company.

The new shareholders have appointed a new Exec Chair with a totally different approach and a completely different business plan. It's all to play for now.

You out @LiveLif?

I think this has further to run, give the high volumes and the hefty premium to the derisory all paper offer.

If SEGRO win, you'll have the SDEGRO shares replacing your EBOX shares in the ISA automatically. That's a big IF with the high volumes we've seen going through the market well above SEGRO's crappy offer. It looks like they've flushed out another buyer with a sharper pencil.

The offer is now worth 67.76p and the current market is 70p with volume of over 25m shares, against an average volume of 1.8m.

Looks like the game's afoot!

I have a big chunk of this in a family trust and will be voting "No" on this laughably inadequate offer.

In what universe does it make sense to vote for a 3% yield when we have twice that at the moment and to also give away 14% of our capital?

"Tritax Eurobox's board considers the deal to be "fair and reasonable." What utter twaddle.

With an end May NAV of 94p and a yield of nearly 7%, I'm not accepting a paltry bid, it's just not worth giving up the income stream unless the implied yield is lower than 5%, so 92p.

NAV on 31st March 2024 was calculated in-house, not 3rd party, so we can't really rely on it.

The board have announced that they are conducting a strategic review of it's investment management arrangements to align them better with shareholders interests. The first thing they do, quite rightly, is sell the in house administrator, who calculated the NAV. So wrong to do it in house for years.

The stock actually fell 2% since then, showing how much the market thinks of that, sadly.

The same advisers, the same BOD, same investment manager. The web sites are almost identical. It looks like jobs for the boys. The guys have destroyed our money, I've never seen a proper business with such a savage discounted valuation.

This needs a wholesale re-branding and re-focus. The discount tells one everything one needs to know about what the City and the institutions think of the structure and set up. Time for TPIM to leave gracefully exit stage right.

Https://www.reuters.com/markets/currencies/malawi-central-bank-devalue-kwacha-by-about-30-notice-2023-11-08/

Volume 10,000 shares, sadly meaningless in context Lasata.