Member Info for Medjed

Opposite for me.

On IG I can only sell, cant buy any. Not even a few 100 quids worth.

@johny, thanks for this! They almost certainly won't do anything but no harm giving them a prod.

@johny in 2024 the first offer took 8 days to RNS

205p on 30 April not announced till 8 May

It will probably go into extension just before 5pm on Monday like last time on 5th June. Extension RNS landed at 16:50 on the day of the deadline.

On the first extension announcement on 5th June 2024, the SP rose from a £1.8 close the day before to a £2 close on 6th June.

What happened last year? I can't be bothered to go through the RNSs. Looking at the SP to August it did not drop through all the extensions but even climbed a bit before the calamitous drop.

So is Societe Generale. Did they literally just open a 1.9% short this week or was that RNS just reporting the latest position?

I hope they didn't just open it, that seems crazy!

There is no way IIs will accept 70p that is so undervalued and probably at a huge loss for most IIs holding from £2 lat year.

Ask some AIs I have they think IIs won’t accept below £1.2

Onlyprofit, like last year, they RNS’d every offer from Sidara even though they kept rejecting it. SP rose to very near the rejected offer amount. That was a good time to sell. Even if the final offer of £2.30 was accepted that represents only a 15% premium on the sp. Not worth the extra risk.

Now another curious thought.

If offer was made, or price discussed, but talks ultimately fail. Can WG be sneaky and release the offer amount RNS first, followed by a short delay and then the talks collapsed RNS?

That would also send the Sp rocketing briefly. I wonder if this would even be allowed?

I think there are 3 possible near term outcomes:

1) successful bid - good for us PIs

2) failed bid but offer amount reported - good for us, can sell up at that point

3) talks collapse, offer period closes - bad for us short term

2/3 outcomes bring massive rewards, 3rd outcome likely just requires some patience. I think risk/reward ratio here is very good.

Held the 44p level nicely. No pump'n'dump.

@PJ, interesting strategy. This one is not about charting its all about the deal. Surprised you didn't leave at least 1/2 in to ride it out to the 24th in case the deal lands.

I wonder if Barclays exited their short position too

Buy on IG dropped to 1.75

Sharebel this isnt AIM lol ;)

You’re with the big boys now ;)

Why dont you warn Black Rock to sell up 🤣

David, the sp already was 23-26p when Sidara came to bid. It is only up because the came to bid again.

If the leave then come back the same thing would happen all over again. Plus they would look silly and risk WG never treating them seriously again.

Thanks guys for posting AI’s interpretation.

I wonder if a likely scenario will be that a offer price is announced even if it is rejected?

The share price should shoot up to just below that level even if no deal is ultimately done?

Has anyone tried feeding the rns’s and info into chat gpt for its assessment of likely outcome?

Talies I would love a short squeeze too, but (from my limited) experience II’s often look after each other. They may well let the shorters out gently.

Its us ordinary people vs them. After all they have used us the general public as sheep for shearing as long back as you can look in history.