Member Info for Ilovesushi

There comes a point when company can no longer issues shares. This is when the share price is so low, the company has to issues more and more shares to raise any significant amount of money. If the company were just to raise £300,000 (which would not last long) it would have to issue (depending on the size of the discount) somewhere around 2-3 billion shares. Leaving shareholders diluted by about 80-90%. A smaller part of a smaller cake.

It is possible that a miracle could happen but before this miracle happens, shareholders should vote to dilute themselves. Personally I think the management should have warned all shareholders are going to be diluted to death then suggesting that this would be unfair and a better solution would be to put the company up for sale.

Trouble with this idea is no one is going to want the IP. Shareholders will probably vote for more shares to be issued in the hope of a rabbit out of the hat. Even if the company does get the shareholders approval this time, it will be back for more cash for sure. Eventually shareholders have to say "No more shares". Can in the administrators and save what little value is left not that there is much. Looks like this company is going to go under even if it raises money. It has one customer and when that customer goes else where there is no business left.

Then again, perhaps Mr Levi can lend the company money?

Who wants 50% return?

Normally Pi sell out prior to suspension. However in this instance things are different. One need to buy in Prior to suspension for big gains.

Looks like they want out as its too risky to hold any longer. They are cashing in?

Shorters to close prior to suspension. On firm offer this goes up 50% when it comes out of suspension. Best take profits now while they are there.

If institutions think 35 pence is not high enough and will refuse to take it (if it is an actual firm offer) let them buy at 20-22 pence.

It’s silly bot to sell at 35 pence. Why not buy now at 20 pence then vote yes for 35 pence and make 50% return to less some of your long term losses.

It has been said: “The Market does NOT think this go through”. Apparently as the (potential) share offer, is to low and it will not be accepted.

Question: If big investors think 35 pence is too low and the long term holders want more as 35 pence unde values the company, then why not buy at 20-22 pence?

Lol

The fact remains the market does not know anything. The funny thing is, if Sadira makes a firm offer and the share price does NOT move it can buy itself lower than the price it has offered. Now why would the market allow that?

Suspension comes next week. And what a good time to make an offer, during suspension. Sadira will have the results before anyone else.

Here is another question. If 35 pence is too low, why on earth would Sadira pull out and make the take-over of the century, at a lower price than anyone had predicted?

There is the marker for you. It does not know the value of anything, and here is the problem.

I am thinking a third offer or offer talks from a third party to appear. If that happens during suspension how can Shorter’s who sill have positions close when shares are suspended? What a day on the suspension being lifted? A dis-orderly market or what?

I believe once the firm offer is made Sadira will be free to buy from the market, below their offer and up to the offer price

Haha

Why sell these when 35% is on the table? Not a firm offer as of yet. Any holder should welcome a 50% premium.

STRONG BUY

Not a bad return.

Every trader she be getting these now.

Anyone buying now can sell for 35 pence. Is that about 70% return?

GROWMORECASH

"The Market doesn't like delay. Sell and buy back more cheaply?

It is NOT going cheaper. Quite the opposite. Shorters have to close and therefor buy to do so. This will force up the price prior to suspension.

Whey sell at 22 pence when you suggested when the offer could be 35 pence or higher?

Now when will that firm offer of 35 pence appear? It does look likely that it can become a firm offer. They are open to actually raise this figure and that would make everyone happy and an agreed deal more likely. Shorters closing has to take this up closer to the offer. SHORT SQUEEZE could push it higher. LOL

14 Apr 2025 10:54

Haha

"Still only a possible offer. Firm offer has to be made by Thursday. Or a further extension being granted. Extension mostly likely".

"How many more extensions can there theoretically be allowed"?

it is never defined.

ALWAYS EXPECTED.

GROWMORECASH

The Market doesn't like delay. Sell and buy back more cheaply?

Sadira had not finished its due diligence. Be careful in selling you might not be able to buy back and the shares are 35 pence or more in an instant.

TELL ME DID YOU SELL? YOUR ADVICED OTHERS?? WONDERING

The company will gather info from institutions on the 35 pence figure. If they want more WG will know and pass it on to Sadira. Sadira is always free to increase their offer to complete. Then a 3rd party could always enter the scene leaving Sadira even after making a firm offer allowing them to increase their offer.

Its all to play for. Early days yet. 35 Pence looks quite good offer when the share price is 22 pence.

Buy at 22 pence and sell them to Sadira for 35 pence. Nice return. With the hope of a raise bid or a second offer.

STRONG BUY FROM ME

"The Market doesn't like delay. Sell and buy back more cheaply"?

As long as you buy back before suspension.

Not sure why any shorter would hold prior to suspension or would want to hold while she shares are suspended. Surely the time to close is by the end of next week?

With a 35 pence offer why not close now? It cannot fall much further as the deal looks more like to happen.

STRONG BUY