Member Info for Rock8

I would be very surprised if they don’t get a bid now - within weeks (sticking my head on the block now).
The interesting part is whether there will be any competitive bids.
That’s the only way to lift the offer price and I am sure ITV realise that.

I don’t believe any bid would be ‘hostile’ but it would be down to ITV management to secure a reasonable price.
Clearly any buyer would do ‘due diligence’.

Not sure it’s material?
There is enough information out there from the advertising and television industry and it’s a long term purchase anyway.
They will use industry advertising forecasts etc anyway.

No increase reported yesterday so still 7.1%
Was it panicking PIs?

sorry the 9.9% included the leverage position

Well they were holding the LG original 9.9% plus the additional 5%?(cant remember if it was 5 or more?) using a leverage position.
So do LG now own them and have they replaced the leverage position with a real position?
Many questions

Enjoying the rise today?

...would have spooked 55+ Private Investors that read the paper but not the professionals.

sorry wrong BB

...would have spooked 55+ Private Investors that read the paper but not the professionals.

I wonder who has been shorting this in the last couple of days?
Private Investors?

so who now owns the shares?

No
We are a long long way from that.
Just people stirring the pot.
They need a deal that rolls debt beyond 2022 to make this worthwhile.
Goal is roll debt and so not be forced to sell any more assets.
I am confident it will be achieved.
Remember the company pull forward these negotiations forward into Jan from March 21.

If it was going lower if would have happened today with an appalling market elsewhere/everywhere.
Sorry if you failed to close your short.

I don’t expect either of your two options.
They have time and MMs in control.
I expect an orderly exit for shorts between 26-33p.
Likely finish tomorrow at a higher price than today.
Clearly if TLW release a favourable RNS early they are fu..ed but that’s unlikely.
Mu guess is mid Feb?

At some point soon.
Suspect these are hedge funds and not PIs so they will get out at a profit.
Everyone now knows there with be a refinancing RNS by end of Feb and the odds are it will be good.
Sadly we will have to wait it out.
This share is not popular enough with the public to force them into more dramatic action.
Just IMO

Likely shorts were let out - closed.

That's also my hope.
If they manage to roll the debt out on reasonable terms we should finally get a push upwards.
But I was expecting a better share price performance today.

I suspect TLW will be looking for an enhanced deal/terms this time.
That's probably causing the delay.

All true but I am rather disappointed with delay to re-financing and more importantly so is the market.
They need to get a move on to reassure the market and investors.