Member Info for LD1973

Moulding needs to be voted out. It's very clear what he's trying to do here.

What I'd give to be only £2k down! Multiply that by 15 for me!

Looks like there was some strong buying today. Finally, a bit of relief!

Let's not forget, it costs Sidara quite a lot to do this DD. They're not messing around for the sake of it! On top of that, if a low ball offer gets rejected (which it will) it's unlikely they'll ever be taken seriously again - they must have that in the back of their mind?

You could easily have shorts closing who are below the notifiable 0.5%, therefore short tracker wouldn’t show any decrease in short positions

Wow, they make it sound like Matt gave up his golden share without a fight! What a joke

4 followers!

All divisions have been separate for some time, so it should be crystal clear what money Beauty & nutrition put into ingenuity over the years or am I being thick? Or do they take all the losses and just divide by 3?

Meanwhile their so down from 1.54 to £1.16

Didn’t take long before the shorts got involved

How long before they sell their holding and how much time do people think it will take? 17.5% is a big chunk! Got a feeling this will just get dragged down further until they're out?

ASOS Market Cap end of today £364m, THG £411m

So how come he managed to take Ingenuity for next to nothing with no safeguards for shareholders?

That’s what I’m saying. WG will need II on board and they’re not going to agree a low ball offer.

A 20 or 30% premium offer for a company only makes sense in normal circumstances. When the SP has been knocked down as far as this has, percentages mean nothing. Sidara have done most of their DD so they have a window of opportunity to get a deal here. If they push too hard (and bearing in mind, WG have to convince large II's to take part in any deal) then they could be closed out for a further 6 months. So how do Sidara value WG and what is it worth to them - that's the real question. Interesting times

Moulding has to go. He (and his mum) have taken on the city and lost. They hate him and they won't let this share rise!

It’s pretty clear that WG have to continue as normal and therefore an intern in in CFO is absolutely the right thing to do.. Even if the board had thrown their hands up in defeat to Sidara (in the boards own mind). It wouldn’t be a very good negotiating position. Look they’re not even replacing their CFO, they’re just waiting for us to take them over!

They had to wait 6 months before they could enter talks again. My view is they won't want to walk away from this again, leaving the door open for someone else to nick it?

Problem is, I think Kelso are on board with MM. there’s some deal in the pipeline with Selkirk

Anyone got L2? Doesn't seem to be much support below 40p?

Big spread today