Member Info for Steeltrader9

I got excited but then was disappointed to hear that these shares will be held in treasury to be handed out to employees so not really a share buy back in the usual sense where it would be to add value as no shares are going to be cancelled!

I was thinking to buy more as the value is now ridiculous but unfortunately agree with previous comments that management cannot be trusted.

I am averaged out around 330p and will hold hoping that the value will be recognised eventually!

I understand some unease when a CEO leaves but down 15% is a bit of an overreaction no?

I bought some more around 320 as I think the valuation is starting to get silly, about half of the valuation is in cash and this business if a defensive cash machine!

Especially how part of the argument from management has been that the trust is too small and yet they accept an offer where half is from a smaller trust!

I am absolutely stunned that a high quality REIT which doesn't have any major problems has accepted an offer for less than it was trading a few weeks ago, not in cash but in shares!! WTF is wrong with this management team!? This stinks of corruption and I am definitely holding to vote it down!!

This is the worst offer for a REIT in a long time!

My assumption is that the shares are surging because everyone is anticipating a massive increase in the C shares tomorrow. What do people think?

As long as the momentum is there and goes above £3, the shorts should get burnt and it will jump higher.

No figures about the impact on NAV which is what most shareholders will be looking for.

Anyone else a bit puzzled why the share price started the day at around 175 and now has risen more than 10% to 196? Anyone understand why apart from a potential change in opinion of a fund raise?

Key point "we expect full year adjusted profit before tax to be slightly ahead of current market expectations." and a 20k buy back!

I am surprised the shares haven't shot up higher.

Plus they are basically say that there will be a material increase in NAV when they complete the valuation of the Prague Gateway data centre development at the end on this month.

I was tempted to just get out but this offer is too low, I am going to wait and vote it down.

I am up overall but still pretty poor offer price, it just seems like management got sick of the large discount to NAV.

Yes, a cash offer for 111p

https://www.londonstockexchange.com/news-article/market-news/recommended-cash-offer-for-augmentum-fintech-plc/17475237]

Well what a response you got..... anyone any idea why it has shot up 10% today!?

I look forward to seeing these shorters getting burnt!

Anyone have any idea for the 8% increase in the last 2 days?

Maybe word has got out of an acquisition or deal?

SABA doesn't just invest, they are an activist investor.

The positive is that it will put the pressure on the board to do something about the share price but the negative is that they are short sighted.

Hadn't had the chance yet, dam!

Then the only way for this to improve is another offer coming in, given how low the offer is lets wait and see!

The government has finished the consultation and opted for option 2 to switch from RPI to CPI, which is why there is the increase in share price today.

https://www.gov.uk/government/consultations/renewables-obligation-ro-scheme-indexation-changes/outcome/renewables-obligation-ro-scheme-indexation-changes-government-response-html

The government has finished the consultation and opted for option 2 to switch from RPI to CPI, which is why there is the increase in share price today.

https://www.gov.uk/government/consultations/renewables-obligation-ro-scheme-indexation-changes/outcome/renewables-obligation-ro-scheme-indexation-changes-government-response-html