Member Info for HigherGround

Jackanory

Been quiet here for a few weeks... again, what would be the value in this being a lie?

I doubt ABH wants to make the target on his back even bigger. The quote from many moons ago "Value will be delivered to long-term shareholders"... I doubt anyone imagined it would be this long.

Like the level-headed ones on here, I will await news from my broker, failing that I will assume nothing is happening. Checking in with them every day is a waste of time.

US markets not open yet...

Here's hoping! I'll have a drink tonight, regardless!

No... it's still vague and doesn't breach (or reveal) anything:

1) Doesn't say the buyer's name

2) Doesn't break anything down - nice round number (that's strange!)

Like a football team agreeing to sign a player with them still being under contract with another team. Letting the seller announce the deal first. (If the player even exists in this case - if real, would be nearing retirement already...)

If this is "a scam" - why not just wind up the company years ago?

So much rumour and nonsense on here and Twitter, time will tell.

Mentally, I'm still writing it off...

Why prolong the pain?

No smoke without fire! Too much info here for it to be a lie... SURELY!

Https://johnsonandjohnson.gcs-web.com/press-releases

This has too much beef on the bones to be a charade - my feel is that

a) AbH is buried deep enough, if it was a no-go, then just wind up the company and be done with it. It happens!

b) Acquirer is stock listed and this needs extra approvals and Escrow cash to be moved before confirming details

Good luck, all.

What if it said "regarding"? It means the same thing! Just badly written...

Why would he only extend by one day though?

The sun will come out... TOMORROW!

IMO nothing will happen until Tuesday - the acquirer could be stock listed, making any announcement price sensitive.

If UK-listed, it won't be tomorrow, due to Bank Holiday.

Two options:

1. It's all mumbo jumbo

2. We are waiting for a bigger fish (buyer who is stock listed) to announce first, as could be price-sensitive... maybe after hours (US)?

An update - so another delay?

Any delays here on in and I think we are wasting our time. Death by a million cuts!

Maybe he also waited until the £ to $ rate was better too... ;-)

Let's see what happens here!

Seen a few people speculate on WHO it could be, seen Apple, Whoop etc mentioned.

IF it is a goer ... someone more like Biosense Webster might be a better bet - J&J owned.

Been off here for a while, but HOPE all wishes come true tomorrow. If not, then hang on in there! (I've written it off in my head anyway, red, black, or green now!)

Hopefully you can average down again here.

Product lifecycle states that it won't fly off the shelves from day 1... this will take time.

Until this has some kind of product or decent website, it'll keep dropping.

Imagine going onto Dragons' Den and looking for investment "yeah, so I have zero product, zero revenue and zero distribution channels!"...

News needed soon or this could keep dipping. Hope is not a strategy!