Member Info for John2015

Not for me grappa, its daylight robbery. Sold taken the hit waiting to see if the review or an alternative offer happens, when I may get back in.
GLA

Just a brief note to say I have also joined today. GLA lets hope we at least give the BOD a fight before they give Sirius away.

Bellers you 07:59 sums it up in a nutshell. Very much the same here. I gave other money in other shares, P2P, Premium Bonds and cash - so while the hit was very painful (about 25% of everything I had ) the really painful thing was losing involvement in what looked like a very worthwhile project and a truly life changing inheritance for my sons. Chris Fraser and the board of SXX have a lot to answer for IMO. GLA.

style OF Mrs Doyle - IPad !

With apologies to Father Ted

AEX come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on, come on etc,

Now 3.60% down from 3.82% yesterday. Whitebox down from 1.24% to 1.02%.
Not that it matters a great deal anymore - but interesting to see nothing change while the large rats jump the sinking short.

We are also none the wiser about the strategic review and its outcome, that we are still being assured by Investor Relations, is ongoing. If that isn't disingenuous at best or downright untrue, given where we are then the flocks of flying pigs are blotting out the sun.
What happened to the strategic review ?

£48k too late for me Slurms - and I'm far from being the worst case.
Chris Fraser, SXX, and several others have much to answer for and wrestle with their consciences over.

Down to 3.82% today from 6.46% on Thu 9th Jan.
Looks like the big boys know whats coming very soon - AGAIN !
Highbridge in particular 1.17% 09/01, 0.93% 10/01, 0.86% 13/01 to 0.40% today. Dropping steadily from 3.47% at 22/05, 2.15% at 17/09 - they've certainly made a few bob at our expense on behalf of their owner.
Evidence of collusion ? Or is it all brilliant crystal ball reading by our Financial Partners ?

Precisely why I kept some. How are you ffc ?

How are you Bellers ?

Makes your blood boil ! Talk about underhanded. I never dreamt we were dealing with such a bunch of absolute shysters. Absolutely no morals or scruples, if there is any justice they will be hopefully be held to account, somewhere sometime - but I'm not holding my breath.

to keep this flat as a pancake.
Shame they couldn't do the same when the OO prices were 15p or 20p.

Franakex could I (or any PI ever gave afforded to buy bonds) ? I would have if I could - who wouldn't want an 8% coupon ?
Were they ever , are they ever made available to us ?
No so as always the rich get richer and the rest of us get shafted. SXX regrettably and much to my and no doubt many others intense disappointment, turned out just to be yet another in the long line if examples to prove the point.

Will take the shine off today. Together with the ludicrous 10.5% spread not even worth trying to trade it ( not that I would ). Looks like another wasted month slowly trickling by.
Holding and waiting ever more resignedly. Even drying paint is looking exciting now.
GLA Very Very LTH.

The more we find out the more it stinks. Money men holding bonds get a premium, albeit not as much as they may have expected - and PI’s get shafted. No wonder people feel very badly treated.
Its the rich wot get the blessings etc. Bloody disgraceful.

After a whole series of articles over a considerable period in The Times trashing SXX and its efforts to raise cash one of the things that strikes me about this situation, other than the widespread and enormous personal losses, is just how quiet The Times has been since the “proposed offer” ( in fact I am not aware of any comment from them since then ).Makes you wonder why.
Myos point in this regard is particularly pertinent I think.

Ambience copied your post and emailed to myself.
Will email Share Soc within 48 hours. I also trusted CF SXX and feel we were misled by constant over optimism and assurances of minimum dilution, mostly debt financing, maximising shareholder value and oft repeated confidence bonds would be issued only to find failure at every turn, drops in sp and finally a risible buy out offer out of the blue, whilst the so called review is supposed to be happening. Held 475k shares lost £48k and my wife 100k shares lost £5.5k. Now retaining just 2k shares and keeping a watching brief.
GLA .

Fred 16 09:48 once again nailed it. Completely agree and feel just the same. Still watching and waiting, but only holding 2,000 shares. Can't believe the companys position or lack of information on the strategic review. They really must be held to account for this and explain what looks like a blatant attempt to rip off the Private Investors before selling the company out from under them, with what seems to be a total disregard for the consequences of their actions.

Fred I'm watching and waiting - just holding 2,000 shares to keep my eye in - have to admit if it gets really cheap I might buy back some but nowhere near as much as I sold ( and they would have to be very cheap ).
GL anyway I really hope they come good for you.