Member Info for MarkGo

In essence, the 21p share price suggests that the market currently assigns a high probability (perhaps 60-70% or higher) that the deal will go through, but leaves a significant discount for the failure risk.

If the market believed the deal was guaranteed to pass, the price would be much closer to 30p. If the market believed the deal was likely to fail, the price would be significantly lower than 21p, moving toward the true underlying valuation of a deeply indebted company with serious financial warnings.

The volatility is a direct reflection of the binary outcome now facing Wood Group shareholders at the upcoming November 17th vote. The vote has to be passed by 75% support, a high percentage in my opinion and high enough for doubt to be present in the market reflected in the share price.

Mark

Add to the mix possible manipulation and

Thank you. Good luck.

Wouldn't buying bitcoin be a better investment?

Good luck to all Spartans.

So, as much due diligence as available repeatedly gone over. Institutions more briefed than PIs and remain. Life is a gamble but I like these odds.

Plan B ? Well, I will book the loss of investment, equivalent to a nice 2 bed detached house in West London, and bank the capital loss for future investments crusades.

Fortune favours the brave ( sometimes !!! )

Mark

Last shake out. Follow the institutions.

To the Spartans.

Me to, just too much risk now for reward.

please excuse the typographical errors. i should resist s*****ing and texting on my samsung and instead find my glasses !

mark

Good evening all

I'm looking forward to progress this week. Regardless of the bid forthcoming, or not, by the 17th. I have spent two months carrying out as much digging and due diligence as is available in the public domain and I intend on remaining invested throughout any necessary suspension. Risk versus reward, the odds are very good on WG.

My main reason for posting is in response to some ridiculously low bid guesses made for whatever reason and hopefully some reassurance to investor's.

The UK Takeover Code has specific rules regarding considerations / bids. Under Rule 6 of the code, the UK Takeover Code mandates that when an offeror acquires shares within a certain period, the consideration offered to other shareholders must be at least as favorable as the highest price paid for those acquired shares within that time span.

So, the highest price paid within a specified period (often 3 months prior to the offer) by an offeror/ bidder ie Sidara, serves as a benchmark, ensuring a level playing field for all shareholders.

Under the Takeover Code it generally requires that the minimum bid price offered to shareholders must be at least as favorable as the highest price paid for shares within a specific timeframe before the bud. This ensures all shareholders are treated equally and prevents undue pressure on minority shareholders.

My conclusion, Sidara acquired shares at 49p within the specified timeframe, therefore, a MINIMUM bid of at least 49p would be needed, regardless of any subsequent offers.

This is my interpretation not meant to influence opinion and us just for information.

Onwards to next week and beyond with hopes of great rewards for WG holders.

Mark

Hi Dazpink

Excellent post and opinion. Thank you for your time in responding. Looking forward to this process moving forward.

Have a great weekend

Mark

Watching bloomberg yesterday, the topic was private finance and how financial institutions and companies are putting on hold final investment decisions, company expansion and mergers and acquisitions due to the economic uncertainty. I hope that Sidara will not be of the same mindset or a possible victim of reduced access to suppotive fund raising with Sidara's previous takeover deal, which valued Wood Group at approximately £1.56 billion, called off by Sidara, citing global market turmoil and geopolitical risks as the reasons for its decision.

HTF Market Intelligence projects that the global wide Oil & Gas Consulting Service market will expand at a compound annual growth rate (CAGR) of ~20% from 2025 to 2032, from ~$25billion in 2025 to ~$60billion by 2032.

Watching bloomberg yesterday, the topic was private finance and how financial institutions and companies are putting on hold investment decisions, company expansion and mergers and acquisitions due to the economic uncertainty. I hope that Navitas and not of the same mindset or a possible victim of reduced access to fund raising.

To all, have a great weekend but especially the Wood Group Spartans who have held the line and remained invested in the most volatile uncertain market of recent times.

I have the value of two detached 5 bedroom homes with half an acre of land invested in WG. ( Just purchased one ) .

Fairly relaxed, can hold long but hoping for the option of a flip. Life is a gamble.

Great fortune to all.

Marcus

"What is next " ?

The $64 million dollar question. ( Needs updating, just as " who wants to be a millionaire " song )

Well, only a few privileged members of the boards of WG and Sidera know that for sure, in regard to the bid, what is next, along with a few major institutional investors..

As private investors, we can.only do as much due diligence as possible based on the information out there in the public domain

To declare my position, I have a substantial investment in WG, average 32p in the hope that either 'a' bid will be made or a refinancing will be negotiated for the debt, baring in mind that WG's debt had been decreasing from $3+ Billion in 2017/18 to $1 Billion currently.

No advice, but I intend on continuing to add to my holding each day that it is beneficial to. This ' could ' be a financially life changing opportunity but that is just my thoughts.

Good fortune to all. Outside of WG, I am ignoring the manipulation and fiasco of the market and the greed of the masters of the market. This will pass, I am not worried into selling out. Seen this shenanigans many, many times.

Marcus

Thank you meoryou and Dicklaw.

I hope you guys are both happy, healthy and wealthy !!

Mark

Last post BP ADR equivalent to LSE BP =

£ 3.59 Currently!!!

Rest easy Primetime51

"BE COOL! Everything is going to work out well," Trump on Truth Social minutes after the New York York Stock Exchange opened. "The USA will be bigger and better than ever before!"

He added shortly after, "THIS IS A GREAT TIME TO BUY!!! DJT"

A few hours later.....President Donald Trump announced a 90-day pause on the full effect of his new tariffs for at least some countries.

Insider trading ?

A 90 day pause for tariffs for non retaliatory countries.

NOW UP

S%P 6%

Nasdaq 8%

Buy bargains if you have funds or just enjoy the market madness reactions.

Nasdaq up 7.5% 18.25 UK time