Member Info for magmanus_49

They have just started buying up, and it moved up 200% following news. Monday will be interested, as buyers come in in make them pay up. Existing shareholders just need to hold to recoup here now. Interesting thing you don't lose your shares, hence seek advise if selling clearly outlined. Very interesting. DD week for me.

However, there can be no guarantee that any purchases of Ordinary Shares by MoveFresh Limited will take place and there can be no guarantee as to the price of such purchases. Shareholders should consult with their own independent financial adviser and/or broker should they wish to consider selling their interests in the market

yep, its up - confirmed :)

I am interested, because it was up 200%, maybe it was too much to take for some PI's, but had they held, this could reached a lot higher due to clear buyer demand. Just saying.

Give it up wolf...:)
well done if you snapped up some today.
peace..!

This is like buyout on open market, shareholders can value it now. It then closes par value. Have seen this before. Buyers/ holders push up the price, and buyer out has to pay more to take control, or he loses the vote. They have said seek professional help if selling to them shares to them. If it closes par value 20p for augment sake , if they win the vote, then sellers will be done by, but they may not win the vote if buyers/ holders hold - as they won't have enough shares. They are willing to pay that's for sure, they paid 4.90p today day1.

Don't forget the reason behind the delisting is not because they are going bust - despite the figures not looking great - but to fund their 'medium term growth plans'. They obviously consider the company valuable and want it back.

And the directors were paying 20.5p per share in April. Dorron bought 320k shares at 20.5p. They have the money and must consider it valuable to take it private, and taking advantage of oversold condition to buy.

Holders will not lose there holdings after de-listed as they made clear they can trade, and also warned to seek if selling to them - as they obliged to do so.

Who would sell to them this low, when they are willing to pay higher and need to take control of the company.
Given the weekend, Monday and next week could be will be interesting as buyers get back in for the ride (may take position)
Special case here.

Good week, picked up a few this week.
Long and strong here.
Peace..!

Continue trading, if they manage to take it private - first they have to buy off holders.
Very interesting to say the least. Who paid 490p so if the new buyers hold how does the company get 75%?? I don;t understand
Not in, but a very interesting case here now.

I read they need to buy back a lot of shares (75% of all) - hence price going up.
Not in, but buyers today might do well - considering they need all these shares to take control the company. (Good strong move into the weekend, I must say)

To be passed, the resolution in respect of the Cancellation requires, pursuant to Rule 41 of the AIM Rules, the approval of not less than 75 per cent. of the votes cast by Shareholders at the General Meeting. The resolution to approve the Re-registration and the adoption of New Articles also requires the approval of not less than 75 per cent. of the votes cast by shareholders at the General Meeting.

There will be few interested buyers for sure.

'get fair' value** 5-44p where...

Sounds like they want to buy shareholders, so good holders buy up too - so they can fair value.
Good move I must say. Lets see. Could go much higher, or could drop BUT they need shares...
Catch 22

They need shares, so why sell them to them low - when high was 40p+
They have to pay higher to investors/mms.
Next week could be wild here for holders.
Not in yet.

Now thinking, if close 4+ I am in for next week.

that's a lot of buy back. Interesting could get much higher, if this is the case.

What happened here?

not in this, just observation.

Looking at this, it has dropped from 40p+ to this, so no surprise its rising with strength. Possible up gap fill. 5p been paid by background buyer(s)

The way this going, could be 7p+ come Monday
4.80p already paid as someone pointed out
well done to people scooping up here.
that's what happens on oversold positions

no movies, no business. So we and lenders do care about movies. :)
business good, lenders happy, and no need to use backstop