Member Info for Silverlight

None of what you describe is simple and has a lot or risk attached, potential brand damage alone (boo and revb) not to mention a tonne of potential legal challenges along the way .. it would be an obvious scam to defraud PIs. Can you imagine how the press would go at Boo, and brand is everything in their game ... lets see but its highly unlikely imo

Dont need to do my homework, worked in large scale M&A for 20 years.

firstly they lose 26m, that alone would take 2.5 years to get back at current ebitda! its not worth it. Your also missing the point, customers wont want to work with boo after a stunt like that .. there is huge risk on their part, and if they place one missed step in such a dodgy scheme they will be in court in an instant.

The problem is momajid that if boo did force an admin situation not only would they lose their 26% instantly and have to rebuild but half of revbs customers would jump as they don't want to deal with boo or a company in admin, and the brand could end up destroyed. They could end up in a really bad situation as appose to potential long term gain. I really don't think its worth all the hassle and risk on their part. Pre pack admins are also very few and far between as people see them as daylight robbery, and if that played out in the public eye and media for everyone to see how dodgy boo are destroying a profitable company it could also really damage the boo brand. just not worth it at all.

Yep mind games to keep it low... play the angles.

I know all that hereshopin, it wont happen, again it was bob who suggested it. (we know why however).

Im not saying it will happen (it was bob who suggested it, not me), but id say thats their idea scenario, grab the asset, production footprint etc on the cheap and suddenly have a global beauty brand... thats what boo have done with nearly every business they have scavenged.

IF BOO actually wanted this to thrive in its current form they would buy a few extra percent and make an offer. They don't want to do that as it would mean paying fair value. They wont.

They want it in admin, thats obvious. With regards to bob, don't believe for one second he has our interests at heart. (unless of course they align to his). As long as he gets a massive payout and his stock intact im sure he will gladly step down .. every party in this is self serving

From 37p to 30p in less than a week is very annoying

Thats the problem, he suggested boo could force our lenders to pull funding if they took control, the great unwashed listen to this, especially from the CEO - hence the price. Although his buying should have tempered this ...

The business itself is in good shape the risk is being caused by boo and a power struggle. In the end however it will gap up once sorted and then those on the sidelines probably wont have the chance to get in at cheaply, especially if its pre market or after close, thats when you get spiked. Suppose it depends on your risk profile.

Doing a potential deal with boo at the same time as typing vote AGAINST in capital letters 3 times doesn't seem very friendly! Lets see what happens ..

In auction

Actually wouldn't want it, would drag us down. It will be be something like bob stays for a year, gets his stock etc and boo get 2 directors who eventually take over when bob leaves with his shares and a wedge.

Maybe its revolution buy boo for a pound

Just. my view rocket but you have sold far too early, its not even 40% of the pre drop/suspension price yet. Each to their own anyway and good luck to you. This will more than double when this is sorted.

boo are just getting desperate to get their hands on what looks like a strong business with a bright future because they know their current business has had its day. i get it, but tough ****! i still own some boo shares but just for a dead cat bounce that will happen at some point.

Just seems bizarre to me if they cant vote, not sure why they would agree to this contractually.

Doesn't say who though. Not sure why that would be the case if so.

Also they probably didn't think they needed to vote at the agm, they probably didn't expect boo to turn to try and overthrow it! i bet they vote next time ..