Member Info for shenners

Just gone through!

if there is no further holdings RNS today. One of my niggles was either Threadneedle or Legal and General selling their remaining stakes under the counter for around the offer price of 0.52. We need these other shareholders to remain in place, thus forcing PJ to acquire the remaining 22% from the open market. He may just have purchased the 10% from Legal and General, as they were just too cheap to decline and not have any intention of de-listing

If there was any change of holdings yesterday. I have a feeling given the volume that we may just get one.

Are you relly Deobrah Meadon? The guy is a tool and does not give a fig. I would be extatic if he bought us out for half the original valuation

By the looks of things. If we see some more steady buying I would expect this to move up again today. This is a certain hold and wait for news.

I would also like to think PJ would make a tender offer to minority share holders before delisting. Say he picks up 75% of the company on the cheap. He could pay 6 million for the remaing 25% giving us holders 2p per share. It's f-all for this company

.

You will still remin a holder but there will be no market or liquiditty for your shares. You percentage of the company will remain the same bd will be entitled to see accounts/results etc. you can alo sell your share in the company to a willing buyer. The trouble is tt if you need to cash in your shares quickly or there is no buyer. I imagine PJ would make some kind of offer. Please check the above as it's only from memory

They may have taken the view to offload after dissapointing half year results and PJ kindly offered to help. Or they know a much higher offer for thier remaining share will be forthcoming. Interesting that one unknown company took a 4% holding today.

Best of luck and lets see what tomorrow brings

Would need to check but expect at least 3p plus. Sure they bought in around 2010 just check previous RNS. Let's see what happens tomorrow but ould expect some changes in holdings. What's your average?

I would always advise caution. This is my largest holding so let's say it's high enough to keep me watching this very keenly. I have been in here for over 4 years and was always going to be a long term hold. I sold out and bought back in the 30's and my average is around .6. This is now a trade for me and looking to exit at the most oppertune moment. My view is this will de-list and be taken private in he coming months by PJ. Gutted really as this has huge potential. It really depends on your average but I will not sell under 2p. Best of luck

He has a long way to go yet. Still needs 200 mill shares to reach 75%. Remember the offer from him has to increase to the highest price paid in a 12 month period. You also have to ask why legal and general still kept hold of just under 5%?

It seems as though PJ has purchased his additional 9.5% direct from legal and general

Just checked and legal and general are down to 4% holding on expansys website. Will need to find out who has taken these. I expect a certain Mr Jones.

I would wager any amount you like that the offer of 0.52 will not be accepted. Why would they? The matter is taken out of the boards hands when or if PJ reaches a 75% holding, he currently has 53%.

is still buying then, he has to offer us the top price he has paid during the last 12 months. Therefore if he has bought again today, the 0.52 would now be something like 0.6. This average would obviously increase should he keep buying over the coming days/week. Or he could simply just sit on his 53% holding and the SP would get a huge boost owing to his recent increase in holding. As we are in an "offer period" he has notify the market within 24 hours should he increase his holding by an extra 1% or more.

Are you joking? I feel this might be the wrong share for you.

We should be holding you responsible for giving PJ his 10% on the cheap ;-) Best of luck

I do feel for you. I have just had my fingers burned with Wasabi Energy, looks like thats gone down the pan. Really not sure why you sold at .35 but best of luck with your others.