Member Info for Matthew125

'Solar world in administration did a better deal with znwd than the bod!!' LOL, yep, just shows how bad Secker is!

@tomcat, yeah, the 8.3 forms have been getting pretty interesting. I think these guys must know something and are expect a pop to happen.

Super interesting! Bigger offer incoming? or sack the BoD and back to JV?

???

You've lost me. Which black swan are you speaking of (if you can ever really see a black swan!). Do you mean in this stock only or the market as a whole?

Best opinion at the moment is totally to sit on your hands! No rush to sell at all. Ganfang need 75%+ minimum, more preferably 90%+, so if M&G do decide against, plus the number of private share holders that are against this bargain basement sell off, that would basically guarantee no sell off.

I would imagine some of the other bigger LT holders, i.e. Hanwa, would be reluctant to sell at this price. I would be interested to know what the thoughts of some of the recent movers into this stock are thinking, Barclays, Jarvis, Societe. They don't seem to be the type of players that move into a stock to make a few %? (although I suppose the downside risk here is basically nil, despite what the BoD say!) Unless they really love ZNWD! (why not just buy those shares then!)

@cadellin It's not over yet! Just sit on your hands and don't agree to sell your shares! It is starting to look like that not all of the institutional investors are on board with this deal either.

This share is... an diamond! Buy when shares are unloved!

Non-issue. It has been a known risk for ages and if anything the RNS simply clarifies that it isn't an issue.

Of course the wording of every BCN RNS nowadays is to try and scare peeps into selling to Ganfeng!

buy back* (backbuy LOL)

From the way it is structured, it almost sounds like a share backbuy which generally moves the share price up. As the delisting is in Warsaw it probably isn't that clear cut but it will reduce the number of shares availible to buy and anyone holding their shares on the Warsaw stock market but wants to continue to hold, will have to rebuy on the LSE. Lastly, if the company thinks that this is a good time to make a tender offer to the Warsaw holders then maybe it sits well for the share price as companies tend to only make these actions when they feel the price is cheap, although not always!

Doesn't seem to be, just market seniment. I have started dripping funds into here.

'Iv read it as once it’s declared unconditional the offer ceases to exist.
Therefore I have no idea wether you have enough time to reject it, get a notice from Gf that says we have 75% for eg and tell your broker to change your acceptance.'

Think I understand this. However, there must be a period of time after the 75% is hit that GF will allow extra acceptances to come in. The consequences for ISA/SIPP holders are just too great, not to mention the admin for brokers. I agree that how the scheme is laid out is really isn't totally clear.

Hopefully someone with more knowledge will also answer this, but as far as I understand yes.

Traders looking for the ZNWD top up?

@john There is nothing concise in the offer document! This has to be the worst arrangement by a BoD I have ever seen!

@wadogara .... and I am sure that you time your entries and exits to every peak and trough! I was expecting a higher high, possibly a misjudgement on my part. As I said, you live and you learn.

Oh, and ad homonyms don't normally go down well, lets try and keep the board respectful.

I should have sold back in April or May when the company failed to comfirm that they are selling 2m tests per week or whatever it was they had been putting off until then and the months of no news since. Still you live and you learn!

Smell what? The share price keeps dropping and I am down to only 20% profit! Getting really bored one this share, some good news would be very welcome!

@OWLS What exactly did you ask them for? The transaction history on the website just has the dividend amount I received without showing any withholding tax amount, or even if any was taken. The document history doesn't even have any dividend slips in there? Unlike EQi who I was with before this transfer! The guy I spoke to on the phone seemed to think that no withholding tax had been taken and that I wouldn't be paying any tax in an ISA. To be fair he had to ask someone else for help a couple of times and I still don't think he understood what I was asking for.

Is anyone else here with Interactive Investor? I phoned them to ask for a dividend voucher of my last dividend and they couldn't understand what I was asking for? Has anyone else had to deal with them?

@SR123 I'm in JKX from about 20p! ;)