Member Info for InsiderKnowledge

The announcement of a firm intention to make an offer (commonly referred to as a "Rule 2.7 announcement") is a significant event and will commit the bidder to proceed with the offer and to post its offer documentation within 28 days.

The City Code provides that such an announcement should only be made when the bidder has every reason to believe that it can and will continue to be able to implement the offer. In some situations, a "possible offer" announcement may need to be made prior to an announcement of a firm intention to make an announcement – for instance, in response to market rumour or speculation. Where possible offer announcements are made, they are usually very brief.

bump :P beat the article ;)

Calling £4. Place your bets below.

one things for sure they won't get it for sub £2 as it would have to be voted on and MM and other holders wouldn't accept it so even if they bought today at the lowest low ever that doesn't mean it will be sold for that. I suspect even as a minimum it would go to 20% above blackrocks 50% sale as whoever bought that block would want some profit so and I just picked 20% at random but that does fit the £2.20 steady bump we had so perhaps an accumulation up to £2.20 and steady buying all this way down as others short they have hoovered up a few million here and there on the drops.

I can see this popping to £3 / £4 easily as everyone expected a pop to £4 when we was at £2.30!

They would have to add a premium so £4 I think is on the cards. Personal opinion.

who did blackrock sell its 50% to? maybe an accumulator who is a proxy for someone else to act as a group and do a deal later? that was at a 10% discount around... 190 / 220? I forget but that could have been to a proxy deal for MM :)

Pretty sweet hey Rodney :)

yup great time to sell that goldy perfect as I said.. I bought them from you lol cheers :D

Before all the questions start people should see the potential price. Pretty sweet. Here's the take over rules for you to read. Have a good weekend all!

This will be the talk o lse all weekend now so enjoy :)

https://www.thetakeoverpanel.org.uk/the-code/download-code

Nice!!!! Takeover! Takeover! Takeover!

22% another 80% to where we was just two weeks ago!

Takeover! woop! come on baby RNS ASAP! :D

burn shorts burn

takeover rumour leaked MM about to take it private and burn some shorts?!?!

Burn shorts burn! and any other piece of underwear :P

take over at... £3?

<3

Gonna call it! you heard it here first!

lol still lower than 130 from the other day and 230 and 400 so plenty of time to pile in even if they did :)

boom

thanks Jay it was something I always wondered and never thought to ask before.

Is Arb insured against theft? inside or otherwise?

https://www.investopedia.com/crypto-theft-of-usd320-million-wormhole-hack-5218062

ah heck I didn't even see it was 20% down! accidental accuracy :S

makes sense for anyone with profits to derisk it though and gives us long termers chance to average down yet again... as if that is a good thing lol :(