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Hope we’ve called this right guys, can’t see Apollo offering now, I personally think the offer will be rejected. As Morbox states if they don’t wish to put in more money a JV will do me just fine.

Whoever, unless the purchase is tied in with Caesars in some way, why would you purchase at an inflated price?

As I have said since the offer was made, this will not go through at £2.72, funds have been buying in above this price, funds have been saying this is way too low, a third party may bid, Apollo have now been given an extension to bid, Caesars will bid more and the vote to accept has to be 75% in favour. Far far too many possibilities. Some twist in the pipeline will occur. All IMO.

Yes something is going on, you can understand sells at these levels as investors have all made money and are happy. But the buying has been enormous over the last few weeks and you don’t buy in the £2.80 range to sell months later at £2.72. Who is building that’s the question. £2.72 far too cheap , this is so far from a done deal in my eyes.

I have a valuation of WMH analysed by a hedge Fund , they have gone in depth and put a valuation of £2.72 on the US business alone. This is so far from over big money to be played for here but it seems that everybody bar the board realise how undervalued this offer is. But what exactly is in it for the board Members themselves if it goes through.

Bang on mate, fancy forgetting to put that in!

Novice, Can’t blame the yanks, they are only looking after their shareholders and doing a great job. The blame has to completely lie with our weak board of directors, positioned us nicely then selling at an unbelievably low price. Anyway still stand by my view that this will not go through at £2.72.

To be quite frank, I’ve got the belly ache with all this. WMH May just as well put up an advert saying

Special Offer Autumn Sale 33% - 50% Discount!

Novice, Rest assured this is not the end of the story in my view. This company is being stolen at £2.72, the funds will not stand for WMH being sold at that value. Don’t ask me what I expect to happen but something will , even if it is voting against the take over. You’ve made money and so have I but this is such a ridiculous offer it will not get through. Simple as that!

Indeed you are correct , always the chance but the share price dived slowly down to £1.03 for a month or so without being highly bought before surging. I still maintain it is going to take a stitch up by the bigger players here and surely the buys will be closely monitored here along with the votes in favour of £2.72p. Only saying as it’s a betting stock , I just cannot see them making 75% in favour but I am not completely au fait with the rules on a buyout like this. I for example are with Hargreaves, is it the vote of the individual or the overall % majority of all shareholders within Hargreaves as to how the vote goes in favour or against?

You are your own man but you would be selling at a minimum 3/1 bet at this price. Either £2.72 or minimum £3.20 and potentially much higher in my eyes. I cannot see for the life of me the funds accepting £2.72. In order to get it through CZRs are going to have to pull in at least two or more of the larger holders who own 30% of the shares between them. Only my suggestion but holders need to remain strong and vote against. This offer is derisory to say the least. The funds concerned are far more knowledgeable than us , will they stitch up a deal , I doubt very much , they will only want there rightful money like we all do and that is north of the offer price. Be strong!

If anyone thinks this lowball offer is going to get past the funds , think again. They will know exactly how to play this out and unless they get their rightful monies it has no chance at this price. An article on yahoo is suggesting a 70% increase to Caesars price if this goes through. Joke!

Indeed that is good news, there has been a lot of buying and selling in recent days and I’ve been intrigued who’s trading. Do you have their names and what % they now hold.

Just have a look at football and arc results today, more millions in the bookies pockets.

I do hope you are right Bruce, Dones is the obvious choice to sweeten, still don’t think that will do it though. Big numbers being bought and sold, personally I believe there will be a great deal of resentment from PIs which means voting against, other institutions are going to have to be bought on board for it to pass. Surely £2.72 won’t do it.

Quite frankly I am at a loss for Caesars to even start to believe that this bid has an inkling of getting through without the backing of at least some of the other major shareholders. In total these holders hold about 30% of the shares and rest assured they know the true value of Hills.
I had wondered since the offer if Caesars were in bed with the Dones to take out the non USA side of the business after all is concluded. This seems not to be the case with 888 now supposedly looking to bid for this side also. Well our board should hold their heads in shame especially the CEO and Chairman who is meant to look after the shareholders interest. Simply disgusting thinking this could be voted through prior to results update. Well thankfully it’s beginning to look like the big boys will not tolerate being shafted. Our whole board who voted for the cosy tie up unanimously to go should hold their heads in shame and Caesars I would suggest sack their bankers and get real with a bid or risk loosing out completely. Should be an interesting week coming up, rest assured the price for Hills is going up.

I would say the right people bought yet again today. Building their stakes ready to demand a higher price.

Last thing these funds will stomach is that nice cosy deal shafting them of their true value. It seems to me that with 45m shares sold and 17m bought and yet the share price is holding well above the offer mark its once again blatantly clear in this deal that there is more to come. Anybody’s guess where that is going to be but the funds will know what they expect price wise. Add in Apollo , might still get more than I’m thinking which is an additional 50p

These funds are not buying in now in order to take £2.72 2nd half of next year. Czrs will have to increase their offer. Funds will not be pushed about like us , they have clout and want the correct money. Get ready for an increased offer otherwise this deal will not get passed.

You are so right, we are being mugged here, there’s me been saying how fantastic the board and management have been then this, an utter disgrace if the board recommend this takeover. Forget the money we’ve made, this is the first time I’ve timed a stock absolutely correctly and now there appears to be a cosy offer on the table, how long has this been in the pipeline. For gods sake hold your nerve we are talking pennies as against I would say a further 50p - £1 rise.I thought AIM was bent but this is taking the biscuit, in effect if this deal goes through Ceasers will now have the company and all assets as of today. No dividend payment and we have to wait about a year for our money. I’ve said it before , I hope has a lot of legs in it yet, I just can’t see it being approved by share holders either.