Member Info for LD1973

They would have opened their position at £1.21 & extended it at £1.45. I could understand the shorts that got into this early on taking a risk, but this does seem a strange move?

Maestro1 - Exactly. Without his golden share, he will be at the mercy of the shorters again and he won't put himself in that position. This is being sorted one way or another in the next few months.

Licker that sounds horrific - what a bunch of w**kers! Which stock was it?

Rock8, How can you have that many buys (in whatever form - £41.3m buys v £2.3m sales) and the sp is so negatively affected? Will it adjust tomorrow? I know up's and downs are pretty much irrelevant in a bid situation, I'd just rather it not get marched down

Another 2m share buy after hours

Well over 1m shares have also been bought post, so someone knows something

In addition to the UT, Looks like the majority(if not all) of the after market trades are buys and there's big volume. You would not have wanted to sell your shares today - reckon something is close.

Absolute disgrace - way more volume of buys vs sells. How the hell do they get away with it?

One way or another, he’s sorting this before he loses his golden share!

Again a load of those auto trades at 555, all in a row

Not sure but what’s with all the 20th May trades in the middle of todays trades?

Good news really - shows they’re worried and we’re on the right track!

You think I’m a short - hilarious. I was just reiterating how ludicrous a story about a £30m investment which would normally be good news for a company is spun as investing in a controversial company!

Why do they say he’s invested in ‘controversial online business THG’?

No one’s an expert here. Short or long, we’re all in the hands of others. One thing I would say - the people who believe In the value of this company will either be taken out by an offer or if not, continue to hold shares, Which will be worth a heck of a lot more in years to come. Derampers will not be able to convince them to part with their shares, no matter what.

Sp28 it is incredibly undervalued, but this is because of the city, because someone had an agenda to swoop in and nick it. I would have preferred to hold this for ever to see where it went in 5/10 years.

Problem is the takeover talk. If it’s as good as we all believe then I’m sure the right buyer will come in and pay the correct amount - granted, it may not be what we believe it should be worth (either now or in the future), that’s out of our hands. I just think we’ve got to put faith in MM. I know there’s a chance he might nick it for a low price (following all bids) if there’s no competition, but those are the fortunes of war and ultimately what the market says it’s worth. Anyway here’s hoping we’re all on the right side of this. Now back to my chianti!

He hasn’t stated he’ll take £2.50 a share. It’s been quoted, but I think he’s got more on his mind than coming out and declaring he hasn’t said it. Not sure he’s allowed to say it as it puts shareholders at a disadvantage by potentially telling bidders where they need to be.

MM is not doing this to get the share price up temporarily- he knows if there’s no acceptable offer, this will get matched back down again. He’s doing this before his golden share expires, because once that’s gone he knows he’s at the mercy of the city (and we all know how this share has been treated by them). So, IMO, this is definitely going, just what price? The one thing going in our favour is this is a best bids scenario. Anyone who wants this might have to offer more than they’d like because once it’s gone, it’s gone. At the end of the day, like water, the market will find its own level - let’s just hope it’s a flood!

Anchor, anchor!

Yeah, but they're a monster and there will always be losses in this field, but the gains are also massive

https://economictimes.indiatimes.com/tech/startups/delhiverys-market-debut-more-than-doubles-softbank-stake-value-to-1-billion/articleshow/91769521.cms