Member Info for Rock8

FTSE 100 up 208 pts yesterday and down 180 pts today on futures ATM

You not watching the buying on L3

Since 0750am

Auction strong now strong buying.

Leak or shorts closing?

Currently debt is c. £600m

They have £1.4b facilities

Shewillkillme

Thanks a thorough explanation

Let’s hope you’re right but I really believe whatever the offer is it will be an agreed and finally offer with sufficient supporting Institutional Shareholders to get it over the line.

Can anyone point to a take over bid premium at that sort of multiple over the trading price on day of initial announcement of interest?

The highest I know is Hotel Chocolate other than that 2x is the max but generally it’s 135-150

Correct?

Given the recent price consolidation 37-43p, I would say around 60-70p?

Last Monday’s drop was greater but until Trump’s tariff announcement for Thurs the price was recovering into the 30s and in my opinion would have resumed the 37-43p range?

HTTps://www.ii.co.uk/analysis-commentary/ii-view-wood-group-shares-plunge-again-ii534839

Good news consolidator

hTTps://www.newsnow.co.uk/h/Industry+Sectors/Energy+and+Utilities/Oil+and+Gas/Oil+and+Gas+Services/Wood+Group?type=ln

Bid needs to be made to shareholders by 5pm on 17th unless extension applied for and granted.

Suspension is end of April (30th) if they don’t manage to issue a set of audited accounts for 2024.

It’s the rules of LSE for a ‘premium’ listed company.

This company is c.80% owned by Institutions? Correct?

Has anyone considered the difficulties these shareholders face with a share suspension?

Hedging their positions given its 80% of shares isn’t an option.

Think about it?

They now need an unconditional offer it avoid suspension.

Why do you think they bought any?

Now over 100 and rising

Need your tin hats tomorrow

UK FTSE 100 Future’s DOWN 70 pts

Is that good?

Perhaps better than most others.

“Trades in UK dark pools, which are a type of broker-sponsored trading venue, are recorded and reported to the FCA, though they are reported as over-the-counter (OTC) transactions, meaning specific venue details are not always available.”

Look at yahoo and compare.

The layout is even the same.

ADVFN has L3 that includes all data from all UK pubic exchanges ie. LSE, CHIX, BATSEU, and AQX.

The broker dark pool data is not available to anyone - That’s why they’re called dark pools.

Not much WG. Traded there anywhere as mostly FTSE100.

Yahoo take their data from investing.com

No 4m trade today

Given the numbers of large off book trades

Sidara have not asked for extension after yesterday's news?

Surprised.