The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
No it's not. JDs current TR-1 accounts for their purchases on the 18th.
Artemis is dated yesterday.
If Artemis sold to JD, there's another JD-related TR-1 to come.
True, also important factors :)
JD have paid on average about 64p so far. The seller seems happy to let go in low-mid 50s. Possibly 20% for the MM's....so if JD are still buying, it's probably still at about 64p average. Or, if the MMs aren't making 20%, maybe the aiming point is 60p average
(Sorry... it's not as blue sky as some comments)
@Boom:
"Problem is ADL past rep, the company has been mocked on social media and hammered down again because of bunga mas no deal ."
Have many AIM listings NOT been mocked on Twitter?
Of course they've been hammered down on losing the deal. What company wouldn't be?
These aren't ADL-specific problems.....
Why be suspicious of ADL or partners for the Colter drill? It's not ADL's gig. RBD in particular seem to have a reasonable idea what they're doing.
Have you watched the LSE video with Barney Gray? Literally to the left of this box as I type :)
There's one if not two conspiracy theories shot down.
"JD can't be far from done now surely."
If the 70 and 75p purchases weren't them... where are the shares coming from to fill their order? There haven't been enough sales over the last 2 days to come anywhere NEAR the balance of shares required (IF they are going for 29.9%)
Nope. Ended on day high at 54.5-56
Gap up, gap filled.....?
There's the shake.
Bid is rising for me. The opposite of "crashing"
When was the last time you called something correctly?
From RNS:
"This is a statement to which Rule 2.8 of the City Code on Takeovers and Mergers (the "Code") applies. Under Note 2 on Rule 2.8 of the Code, JD Sports reserves the right to set the restrictions in Rule 2.8 aside in the following circumstances:
a. with the agreement of the board of Footasylum;
b. if a third party announces a firm intention to make an offer for Footasylum;
c. if Footasylum announces a "whitewash" proposal (see Note 1 of the Notes on Dispensations from Rule 9) or a reverse takeover (as defined in the Code); and
d. if there has been a material change of circumstances (as determined by the Takeover Panel)."
_______________________________
"material change of circumstances" covers a multitude. Maybe they're more interested in "if a third party announces a firm intention to make an offer" ....which could be fun!
"Because some in the own team bought it. "
What?
Your SP prediction earlier was wrong, not starting from a good foundation...
Profit_profit: 15:56 "Not seen such tight spread. This will go down. All learn the lessons "
So....what did you learn?
Mrclam..."60p finish today" ...bit keen but you called the direction and timing quite well.
I've had a rotten week and weekend, today has been an absolute ray of sunshine :)
"it is prepared to acquire up to an aggregate interest of 29.9% of the Company"
UP TO.....
Yes they have, it was issued at 11.32am, it's just not showing here.
There have also been 4x PME for today.
If (IF!) all the BIG buys were from JD, they had 19579964 shares by 9am or so....
I want to see another holdings RNS.
If someone else bought the 75p tranche, it's enough for a holdings RNS. The 70p purchase is too small by itself
THAT.... would make things interesting!
Did this comment come up in the conference call?
Is there a transcript available? Or Minutes?
:)