Member Info for NewKOTB

daft63,

" like some believe may happen, then it will be because of its potentials and the like some believe may happen, then it will be because of its potentials and the ignorance of the market to recognise investment value!.."

In my view this has all the hallmarks of a company that's being lined up for lowball t/o by a private entity and not the ignorance of the market to recognise imo.

We shall see if i'm correct as by June imo whoever it is will need to make their move.

That's what I am now investing upon and no longer the long-term growth prospects that SDX clearly shows that will certainly deliver immense future value for their owners.

I have to say your relentless posting of the UK gas price is monotonous at best.

Many other posters have already explained to you the in's 'n' outs of the current price and how that barely impacts on SQZ yet you post day after day on this subject alone. One would guess for your own ends.

Your posts could easily be explained as BoT generated.

Appears as if our SP is well under control and any sort of rise snuffed out.

Multiple BoT trades into close yesterday that were for nominal amounts.

Remember this deal was sold on the back of all time lows for our SP ...

The Acquisition represents a premium of approximately:
65.7 per cent. to the closing price of 33.20 pence per Ophir Share on 28 December 2018 (being the last Business Day before the announcement of Medco’s possible offer for Ophir);

61.2 per cent. to the volume weighted average share price for the one-month period ended 28 December 2018 (being the last Business Day before the announcement of Medco’s possible offer for Ophir) of 34.13 pence per Ophir Share;

43.3 per cent. to the volume weighted average share price for the three-month period ended 28 December 2018 (being the last Business Day before the announcement of Medco’s possible offer for Ophir) of 38.38 pence per Ophir Share.
-----------------------------

Be interesting to see what premium anyone else would add, given our volume weighted average for current :

20 VWA days is 53.8p
50 VWA days is 49.2p
100 VWA days is 46p

65.7% to our 20 day VWA would now be 89p
61% to our 50 day VWA would now be 79p
43.3% to our 100 day VWA would now be 66p

Appears as if this will go down to the wire before the 55p offer document appears .... Wednesday 27th, 'd' day.

Or possibly an improved offer from Medco before then ?

The board (for their own ends) will need to convince Medco that 55p will no longer cut it.

gla

LC,

Well the information and letters that have recently surfaced explain a lot.

It appears the BoD are in the process of buying time to possibly save their own skins. Both from an employment and legal point of view and not to get the offer improved.

The much delayed vote looks like it will go up until the wire before we have the GM date. Not sure, but I would guess Ophir have up to 28 days to arrange a date from the offer ( need to check).

Certain members of our board may well be extremely concerned how things are panning out atm.

LC, as time goes on, your BOLD TYPE is looking more appropriate as days / weeks go by.

gla

Isabel Dos Santos, richest woman in Africa.

Plus, flurry of buys over the 55p t/o offer price adds to the intrigue.

Sand Grove Capital 17.40% now !

So, we have companies approaching us to do deals now ...... so the natural assumption is, expect more deals shortly !

Excellent presentation.

So glad I stuck with SQZ through those dark years.

gla

Please ignore last para, still not woken up !!!!

LC,

"A top hedge fund wouldn't be taking 15% Long position at 54p+ by CFD..."

By having CFD's Sand Grove et al, would mean they are 100% confident of a sale higher than 55p imo.

Why, 100%, how else would they all be able to unload so many CFD alongside actual shareholder if the deal was to collapse at a price above what they paid ..... ie get out without being burned ?

These are pro outfits, who clearly are looking for a decent short term gain that they feel is a no brainer.

+20% return on +£50m is not bad at all for a few weeks work.

The speed of their accumulation tells me that things are about to move rather quickly, I guess next week we will find out.

The only other option is for them to gain +30% and take OPHR for themselves and asset strip, an option that does appear to be gaining ground rapidly. If so, in that case they will offer more than 55p for certain.

aimo

Romeike,

Here's what it think. This deal is not as clean as some would like and a few twists 'n' turn along the way.

As you are an avid poster (lol), I'm sure we have not seen the last of your "two pence worth" here as you clearly have an agenda imo. Timing is everything, is it not !

gla

CAUTION .... is required imo

My two pence worth, it will be sold and not for 55p

Pure speculation on my behalf.

SQZ would make and excellent bolt-on acquisition for Ineos, so many synergies to boot !!

The action of the ‘A’ trades over many weeks now is a little concerning and appears to be reason for dragging us down.

I have said it before and will say it again, for such a strong company we are in a very vulnerable position with regards to our current SP.

Or, of course it could just purely be early profit takers for year end accounting.

AIMO

Ineos !!!

Or someone else ?

Mani01,

Indeed, all managed by our resident BoT. To what end you have to ask yourself.

Me, I'm taking advantage of each and every drop and adding more atm.

Decided that I'm adding .... so hello to another small top up, 9,573 shares.

The trading action is not that of a company about to be sold for 55p imo.

Whether that means improved offer, rabbit out of the hat or re-build the company, does not bother me.

To many interested institutions are actively buying at 49-50p so there must be more in it for them than <1p

aimo

gla

Plus millions of buys today at 54.9p .... all this effort .... why ?

3-Feb-1910:34:33 54.90 3,071,850 Buy* 54.80 54.90 1.686MO
13-Feb-1910:34:2054.903,071,850Buy* 54.8054.901.686MO
13-Feb-1910:24:4654.808,862Sell* 54.8054.904,856A
13-Feb-1910:22:1754.902,000,000Buy* 54.8054.901.098MO
13-Feb-1910:16:4154.902,000,000Buy* 54.8054.901.098MO
13-Feb-1910:11:5254.901,717,159Buy* 54.8054.90942.72kO