Member Info for Riskisprofit

"The consortium’s bid, if accepted by shareholders, would seek to feed regional customers to the long-haul networks of Virgin Atlantic and its American joint venture partner, " 1p per share certainly wont be accepted by shareholders! No one is that mad.

Great finds, theres still hope here

Yes there could be a counter bid, or a renegotiation if share holders do not approve this deal. But what shareholder would approve this?? Gonna be very interesting over the next few days

No one is taking 1p per share. This will be renegotiated due to the blacklash the bod will recieve for this

"The Acquisition is subject to a number of Conditions and further terms, including the approval of the Scheme by the Scheme Shareholders by the requisite majorities and the sanctioning of the Scheme by the Court. The Conditions are set out in full in Part A of Appendix 1 to this Announcement." Could attract a lot of attention from huge companies who know that this offer is ridiculous. A lot of money to be made here for whoever buys flyb. I suspect a lot of compamys will be reaching out to flyb now to counter offer Virgin

"The Acquisition is subject to a number of Conditions and further terms, including the approval of the Scheme by the Scheme Shareholders by the requisite majorities and the sanctioning of the Scheme by the Court. The Conditions are set out in full in Part A of Appendix 1 to this Announcement." After reading the RNS carefully i spotted this, the deal has not yet beem approved yet! The cash offer is just a recommendation which the bod can still turn down. There could still be a bid war here. 1p is unacceptable and other huge companys will see this and may offer more cash for the company

Wkworld remember £25k is 2 years of working on minimum wage in the UK... it means fck all! Pick yourself up now.

Wkworld I've lost £50k at one point. But u have to be positive and get through it all. Money isnt everything remember

Unfortunately its just gonna keep falling back down to the official offer of 1p per share. Thats only of the bod don't suspend trading before that happens

Falling like a knife again. Very unfortunate

When it goes to NT to sell everyone holding is well and truly screwed.

Id rather have £3000 than £1000, get out at 3p. This one could get suspended at any time. New investors be very careful!

Yh its dropping fast. 3p is three times the offer, i would take it and run

If this gets suspended there will be a lot of traders and investors crying. Get out quick

And everyone will be locked in, and will recieve only 1p for there shares. The offer is official. Sorry to all holders here

Byeb

Seems to be bouncing now

Two £80k buys showing up as sells

And they said profits would only be "slightly below" what theh expected. So they can't be that bad, this did not warrent an almost 60% drop in share price. They company is growing fast with sales increasing by over 40%, whats not to like?

Bouncing already, less selling means the MMs have to take this back up. Hold tight and watch this rise