Member Info for skiwizz

You must have a different screen to me, are you forgetting the million sell earlier?

Think the other 70% might have something to say about that. They can't just decide what price they would like to pay. Nobody is going to accept 37p they could have got more than that this morning.

Not sure how to calculate the NAV? Anyway I think you will get your 40p tomorrow

I have this morning heard from my broker about the offer. You have to physically accept the offer, it appears that if you don't contact them to accept that will mean you are rejecting the offer. I am accepting it, I have up to 14 th April to formally accept it.

I would think we will get a little price rise, wouldn't mind shifting mine prior to closing date but not accepting what's on offer at the moment.

What you mean you don't accidentally buy 18 million shares? I'm forever doing it, I just get distracted and a mistakenly press the buy button. Everyone does it surely?

What needs to be done to accept the 6p. Do I proactively have to do anything, as I have not heard anything so far?

Not sold a single share, I'm hanging on for the £7.50 a share some of the rampers calculated this was worth when it was on its way up to 37p a couple of years back. Wonder how long I will have to wait?

Thanks, bit late for oversight here. I must be the only large holder left here, and it looks like all the regulars have left the board so I will talk to myself for now.

Have you sold up Steeltrader?

Not sure there are too many buys, if there are it will be someone making a few quid when they get 6p for them. I've not sold any yet, they want mine they pay 6p...

Quick calculation reveals he will make about 15k on that purchase when he sells. Might offset some of the losses of his other 3 million!

I'm still here mate, still got my shares. I'm hanging on for 6p offer unless they put the bid up to very close to that pre offer. I don't think there is a risk and by selling now you are out forever, I want to see what develops.

Any ideas?

Maybe he means 4.5k difference between selling now or waiting for the offer. I did think the same thing. Wish my hit was only 4.5k. For a 4.5k hit now he would need about a million shares.

fair enough if you need the funds elsewhere. Although I dont trust this lot, there is no way they can not honour the offer. It's a difference of £1000 to me so I'm hanging on.

Runner, did they contact you? I've heard nothing, no even this lot have got to honour the offer so I waiting for 6p. Stupid panic selling us falling right into their hands.

All we are doing selling now, unless I have missed something is giving Redbird the opportunity to shaft us even more. 6p guaranteed, if people hang on they will raise the price to attract sellers. Difference bewteen 5.5 and 6p to me is £1000 more or less, so I'm not selling now.

Forget what your screen says, I was offered 5.55p all day today. The only one buying is Redbird, even traders are shying away from this, not enough profit and probably some doubts about the offer.

Edit the last post 16 million.... They won't be far off the 75% already. Sickening