share to buy23 Feb 2012 00:01
We know ATD have monies to Q2. Beyond that I am not sure? Blowster a bit more clued up then me on ATD!
A previous poster said that ATD is a good business and baffled why & UK Banks won't lend them the money, rather then the business go to USA. That could be a option if the T/O talks fail?
Yes, 2011 was a bad year for ATD without question. However ATD are turning it around. I think it boils down to 2 things.
A) A deal is made at X pence (above 12p, as I can't see the directors accepting any less) . Everyone departs with there X pence of share & happy profit!
or
B) Any bids fails to reach the directors satisfaction. They keep going to Q2 with the hope to turn around the business (probably will). Long term (6-12 months) you see a good appreciation in SP. Though short term pi's will sell up as they chase other things, so probably plummet to 4p short term, which was the support line previously before all the T/O talk!
All the above IMHO! DYOR
A lot of people tend to buy in for the news which due to come. A similar thing happened on MBO. In time be ok, but as the trading update is not so forthcoming this week (now probably jJne). A lot of pi's have sold as it wasn't their time plan as assumed!