Member Info for shamI89

Is that major shareholders vote against this but this is highly unlikeley as BOD must have contacted them before recommending this offer.If major shareholders decide to pump in 450 million they will want big chunk of equity and that will wipe out existing shareholders too.

Sidara,s offer was approved by lenders as they were leading these discussions.Sidara is taking on debt, paying shareholders and injecting cash so total cost to them is way high than some people are implying.

Spot on James, going through Ice's posts on trx, you can tell that he does not understand these things.30p is better than 0/1 p!

If "no syndicate" has been established then braced yourself for zero.

If Harwood is pumping in that sort of money then they will want maximun part of equity and warrants would create a permanent drag on equity.

Icecool you do know that converrtible loan is worst than placing.

If I remember correcyly Ice then your average was around 60 as you were ramping it around that price.

Algos can manipulate share price for a short time but buying volume is there.We will see but price action is not convincing.I would say 30p is a really good deal for shareholders.

Away at this point.I thought 30 is nailed on and would be voted through but todays action tells me market is not confident about that.It should be trading around 27 if market is confident about that offer.

Let there be a "no deal" Ice and market would take you to cleaners.Rights and D4E would be horrendous for shareholders.

Would be forced to raise money through D4E swap or rights issue and that will wipe out shareholders.I expected it to stay around 25 but looks like market is not factoring in a deal.

Between 0 and 30, depending on how shareholders vote.I would say 30 is better than 0 but you cant predict market these days.Share price would be really volatile until voting takes place.

Waste of money in most cases, theoratically they should absorb any selling pressure but if market is against company buybacks wont do any good.Dividend is better than buybacks.

Linger around this level until deal is voted through.If it collapses share price would fall to 5 as equity would be wiped out if D4E or rights issue route is taken.

Current price is 20,I did tell you Thursday results tend to be bad ones most of times.

Who are seeing the whole process through and they have weighed up every single option,so if BOD is recommending it then rest assured that it is best available option available.Another option could be unlocking value of intangible assets which BOD at one point believed were worth about 3 billion.But problem with second option is shareholders would be wiped out through rights issue or D4E.If there was any competitive bidder it would have shown its hands by now.

Thursday and most of time that is done to soften the blow as market would digest most of bad news over weekend.Lets see if it different this time.

I think it hit 2.20 last year.Retail sector is struggling!

Market is best indicator you can get sadly.Right now algos and shorters are driving the price down and where it will end nobody knows.Ai is a real threat to this industry, clue lies in falling revenue.

Algos trading and short is a deadly combo and it will kill whole market eventually.That is not to say that this company is immune to meltdown.Ai is real threat to this industry.