Member Info for Spodulike

'Here’s why spreading the purchase across multiple brokers may not work to avoid the TR1 filing:

Aggregate Ownership: The FCA generally views beneficial ownership as the total number of shares owned, regardless of how they are held or through how many brokers. If you are the beneficial owner of 3% or more of a company's shares, even if those shares are spread across different accounts, you still need to file the TR1 form.

Legal and Regulatory Risks: Attempting to circumvent disclosure requirements by splitting ownership across multiple brokers could lead to scrutiny by the FCA. Regulators may see this as an attempt to avoid transparency rules, and it could lead to penalties, especially if they believe that you are trying to hide your true ownership of the company.

Control of Voting Rights: If you have control over the voting rights of the shares (i.e., you're the beneficial owner), the FCA considers the aggregate total of shares held across brokers for reporting purposes.

So, no, it is not a legitimate or effective strategy to avoid the TR1 requirement by splitting your holdings across multiple brokers. It is better to comply with the disclosure rules and file the required TR1 form when your holdings exceed the 3% threshold.'

Bought more, Arthurdonkey has convinced me. Lets go.

Come on people, i want this to rise, but i think we are talking nonsense about hiding their holdings.

Coldspy it doesn't work like that. Doesnt matter who is your broker, you will need to declare your holdings over 3%.

How SUF? Where's the TR1?????

If they were buying they would need to declare it and we would see a TR1.

Carrot, you could also look at it this way, 300-500% if offer is announced, minus 50% if it's refused or walkaway. Not bad risk and reward.

£7-8 million more buys than sells this week, still the sp is stuck. Games, games, games.

Exactly Carrot, there's no leaked offer, so yes we could have an offer of over £1 and the market does not know.

From Grok on X (whoever that is)-

‘Wood’s intrinsic value at 961.17 GBX (9.61 GBP) per share under a base-case scenario, averaging discounted cash flow (DCF) and relative valuation methods. At a current price of 68.3 GBX (0.683 GBP), this suggests the stock is undervalued by 93%"

Whatever the offer, it will be multiples of this Sp.

Longfell, yes they were selling selli g shares which they didn’t have, they got caught with the rumour of talks as well. They need to balance the books. Hopefully with that surge at the end they have. Fingers crossed.

Just need a firm offer, that would put a rocket up the sp.

Whatever it was, a handbrake was released.

Said it was an artificial drop, just by looking at the trades. It's been manipulated for a few days now. This sp should be higher than 40p. See what tomorrow brings.

you know what they say, ''stay away from people who act like a victim in a problem they created." never a truer word in regads to arthurdog****e.

Friday tomorrow

Agh so Arthurdonkey, buys at 2.67 and says it will drop to 1.5p. What a trader. 😂😂😂😂😂😂

2no £100k buys just after 2pm. Nm

Still sp artificially dropped.

Buys overtaking sells again. Nm