Member Info for Ilovesushi

Up 13% now

Anyone who says there will be no more bidders I will be demanding an apology from each and everyone of you’s. Lol

Oxford. Lighten up.

Every one can have an opinion. No need to police everyones opinion that does not fit your own.

Fireworks early doors with shorters paying a premium to close out.

Not going to be easy to close when a hers will be buying first thing. Going do be half a dozen auctions on the first 30 minutes as Algo struggles to buy…

Enjoy the games..

“So can a new bidder offer a higher price now? I can’t believe how low the offer was in the end £.30”.

Yes a new bidder can enter the scene. Further Sadira would also have the option to up its offer if a new bidder makes an offer.

A bidder can enter any time up until the offer is made unconditional and completes..

James.

I read all his posts, no need to convince me of anything or should you feel others should all see how you got it right and bow at your feet. But well done to you none the less. Well done.

“As for a new bidder...there is no second bidder”. No not yet. But any bidder is free to do so and when they do or if they do they can be certain the offer would be accepted. Will you offer an apology if a 2nd bidder appears? Haha

All of us get it wrong from time to time. Do you want people to rub your face in it when they catch you out?

Who knows a new bidder could yet appear and where would you be then? Lol

James

No need to push it. Be magnanimous. We all know he got it wrong and he knows more than anyone. Leave it at that.

HH.

Yes it is possible there is still a discount. 25-26 pence would still be good. But that would be the price MM ticks up the price and then trading starts there. Cannot see anyone wanting to sell at that price to be honest.

If Sidara sees 30 pence in value here, could a new bidder see more? Any bidder entering now would do well. They know that Pi have agreed to 30 pence so anything more would be very welcome. With some shorters needing to close they have not choice to pay what ever the price is, they could even pay more than 30 pence as the price of closing. With big mass buying early on the price could indeed surpass 30 pence...If not to morrow by end of week or Monday morning after leaks to the Sunday Times who reports new interest from a new player. All to play for here now. I have made some money. No matter. Happy with this...

30% rise first thing in the morning...

Now that invesotrs have accepted such a low offer, the decks are cleared for a new bidder to enter the scene knowing full well any higher offer would also be accepted by shareholders.

Could be a bidding war next. That would be nice. What could an new offer be? 35 pence 40 Pence?? 30 Pence is now the floor, so limited downside and all to play for now and wait for a new bidder...

BIG SCRAMMBLE EARLY MORNING. Not going to be possible to buy under 30 pence. We could even see a premium to the offer.

"All outstanding conditions precedent under the A&E Implementation Deed, the Sidara Interim Funding Agreement and the Escrow Agreement are customary documentary conditions precedent within Wood's control and Wood expects to satisfy them in the next few days. Wood will receive the $250 million Sidara Interim Funding and will have access to the $200 million New Money Facility shortly thereafter".

89.07% vote in favour....Big margin...

If shareholders have accepted 30 pence a new bidder could appear as they know any higher offer would also be accepted. Lets see if its a bidding war.

Premium to offer price now very possible. Good luck all.

Shorters have to buy to close and there could be a shortage of shares as people scramble to get 30p when the price is only 22 pence.

There could also now appear a 2nd bidder too..

Shorters fighting to close tomorrow could push it above the offer price of 30 pence..

(A) the resolution to approve the Scheme was passed by the requisite majority of Scheme Shareholders at the Court Meeting; and

(B) the Special Resolutions to implement the Scheme, including the amendment of the Wood Articles, were passed by the requisite majority of Wood Shareholders at the General Meeting.

APPROVED

25,000,000 sell. Who was that?

More selling by CEO?

Burning through cash and making little from earnings one has to ask is this a going concern? Another placing? Who is going to buy when the CEO is selling?