Member Info for oldbutnowisa

I shall be surprised now if there is not strong condemnation of the Board by Deloittes and possibly a recommendation that they should resign before the Fraud Squad get involved.

A new Board and possible rights issue is highly likely. Don't think the 'Powers that be' are too keen on Sidara's ethos. I am convinced this is why the SP is where it is.

...that this gentle rise is both pleasant and exasperating. Since my holding here is both profitable and rather large, I am sitting on my hands to stop myself from first creamer until hopefully it will allow those remaining to run for nothing. So you can understand my frustration, even though I know that I am in a fortunate position here.

Agree Trendz. I probably overpaid but not by too much. The buyback should help and would not be surprised if it ends up getting a bid c£3,50.

P.S Just noticed the recent high some four years ago of around £18!

...exciting future with real possibility of bidding war in due course to gobble this up. Note the relatively small number of shares issued making it fairly difficult for possible bidders and therefore ramping up the SP in this situation. And there is a quite juicy dividend too. What's not to get excited about ? Gold seems to be the real beneficiary of this unstable time.

Your thesis is perfectly sound but I seem to recall otherwise.

Good news which should boost our SP. Just hope Dennis is not lining up the RNS's so as not to drop the SP too much when notsogood stuff needs to appear. For now a move to the 2-3p level would be pleasant.

Got em for the round Tenner in the last minute of dealing. System seems to work.

Just stuck on a cheeky limit buy for 1000, having had some success recently at end of day with this tactic.

Because if you (and all your mates) remove your gold-plated rampers' spectacles and read the RNS carefully, you will realize it is worded with lots of hope and expectation and nothing CERTAIN. Good luck though. You might just need it!

Sure this is out but nothing from Dennis!

The bid will have to be at least £5 to have any chance of success.

...what this co did when I bought some the other day because I just knew it was important and just wanted a holding. Don't do this but now I have checked what 'nanopore' is about and am relaxed with my small holding which is for at least 3 years. Reckon they will then be much more valuable but still only tiny part of the overall p/f!

Have tons of these and keep buying more. They will soon be one of the only global infra funds left and by 2027 your yield should be 10%.

We are going to have our quote suspended until after Deloitte's report made public. At that point all potential bidders will for the first time have (hopefully!) reliable accounts to be able to decide whether there is value and if so the amount thereof, so that one or more can consider a bid in excess of 35p.

It has already been stated many times here that the existing specialised business is NOT a failure and with a wad of borrowing the company can put behind it some lousy management and start afresh.

So I am holding into the suspension and hoping for competition for Sidara's crafty lowball, possibly from a specialist rescue outfit, such as Melrose, who could easily double Sidara's indicative 35p and still come away in two to three years with a billion pound profitable requotation.

...crunch case decision is released. Anyone know when? Not buying again until then unless SP wobbles.

.....a sad website for a few lonely people. Have you all forgotten how to have a HAPPY Easter?

Yes but Greg doesn't work that way. He will probably wait until the material has been analysed before he posts the results.

No self-respecting UK citizen would want such an outfit to benefit from Wood Board's total incompetence, as many posters have already stated. It may happen anyway but I agree with previous that I would much rather hold at a loss for a year or so and let a competent Board take over and rebuild.

...most of you are! I'm waiting and fully expect at least one counterbid in due course - maybe good old Melrose. They are expert at sniffing out value.