RE: RNS!16 Jun 2025 10:41
I bought some of these at 34/ 35 before the Sidara "possible offer" came in. I was hoping for the share price to recover 10 or 15p and make a few hundred quid or so------and maybe leave some in for a full recovery.
My postie, who tends to buy shares that have dropped, hoping for recovery averages 72p so he would lose out if the 35p was accepted.
Most of the people commenting on here have piled in in the week before suspension and are not LTH, who will lose a lot if the 35p is accepted.
I hope for their sake and my posties, that the offer is kicked out/ rejected or another bidder comes in.
I have nothing to back it up, but I feel Sidara will up the offer to 45p in the hope of clinching the deal. They could actually do it by upping the amount to shares holders and reducing the £450 cash injection, I guess?
The thing is, without the figures, all our posts are just guesswork, hunches, hopes and gut feelings.
Unless the figures are really bad, my feeling is that Sidara will not want to walk away again as they would not be able to come back within (how long?) and would have no credibility. They also want WOOD and would hate to risk losing it to a rival during the period when they could not come in again.
As I've said--nothing to back it up---------or to put it another way ---Just my view.