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Isn’t it???

Reject the offer? What are the risks it will just be suspended and paid out at 1p? If it rises how can they pay out at 1p ?

“At this stage it is unclear who he acquired the stake in Flybe from and how much it cost, but a source close to Tinkler told Sky News he is not seeking to disrupt the proposed takeover.” City wire news

Do you have to pay for access to that?

Didn’t someone buy big stake only recently at 15p? It’s precisely people reading into people buying that looses people money! Think could be doing for any reason even short closing as most shorts will always close before a takeover as they have their money suspended paying leverage charges etc. Let’s hope it’s for a real reason but I would suggest not to read into things too much! Also I bought in at 2.2p and will be voting no would rather loose to see fat cats make loads of money screwing shareholders on this

This can’t be voted down? I’m sure most shareholders would rather it go bust. Surely this must be voted against

Don’t hold here but fook me! We’re are all the 50p offer posters

Surely can reject that ? Not in this anymore but does take the pixx

Looks like we are heading back to 8-10p range which is still pretty dire due to this being a cash rich growth company

Great news roll on 2019!!

Lol ever since he posted that the price went down so that doesn’t work! So back to my original post this ain’t being pumped and dumped just genuinely unloved and massively undervalued! £2 Is easily achievable this week look how moved to £1.45

Lol we’re is that ? No one pumping from what I can see! In fact literally nothing on an media so far from pimp and dump ! Just massively undervalued and too cheap 20 m mkp is nothing ! I reckon these will be over £2 before week is out

I would certainly hope we £10-£20 in the not too distant future, with uncertainty in the markets and a high gold price this should be primed now for a major recovery! Shares also held extremely tightly

Couldn’t buy 1000 again at close

So I take it we aren’t going to see the £10 a share news article !!

Surely if that was true the share price would be much higher

Kensington can you post a link! £10 a share sounds good but I think long term holders will want more than £10 a share for a takeover

Well above offer as well these could motor after lunch

UP Global Sourcing Holdings Plc Sustaining strong growth momentum UPGS’s positive trading update, released yesterday, prompts us to raise our key estimates by more than 10% for all of revenue, EBITDA and adjusted EPS. Importantly, the company distinguishes itself from the more troubled UK consumer facing businesses with 24% potential sales growth in FY2019. Despite yesterday’s significant share price increase, valuation remains attractive in our view, which leaves headroom for further gains given current momentum. UPGS’s Monday 7th January 2019 RNS revealed that the positive momentum referenced in its last trading statement - issued 6th November 2018 - has continued. As a result, we upgrade our FY2019 forecasts only a couple of months later. We raise our FY2019 revenueforecastfrom£97.0mto£108.2mandEBITDAfrom£7.1mto£7.9m. Revenues are expected to grow by 24% in FY2019 compared with 11% previously envisaged, and that brings the company back close to its £110.0m FY2017 peak sales revenue number. Every one of UPGS’s strategic distribution pillars - discounters, UK supermarkets, online and international customers – is contributing positively to revenue growth. International continues to progress well and is increasing its share of the company’s overall revenue. This represents a healthy diversification given apparent uncertainty in the UK consumer facing sector overall. We raise our FY2019 basic adjusted EPS forecast by 12.5% to 6.3p, which assumes a 22.3% tax rate compared with 21.0% in FY2018 and a higher finance charge due to increased working capital requirements. The company’s next update relates to the FY2019 half year and is due on 11th February 2019. UPGS’s growth trends ahead of February and its recent ability to surprise the market positively are clearly encouraging. In our view, the share price reaction to yesterday’s news should not preclude further upside. Rather, the positive newsflow tends to confirm inherent sales growth and the strength of the UPGS business model under its resolute management team. Moreover, key valuation measures continue to look attractive. Based on a 46p price, the company’s shares trade on 0.5x EV/sales, a 7.3x P/E ratio and boast an attractive 6.8% prospective dividend yield.

Equivalent in the not too distant past, I don’t think it will get there again unless Calcatreu has hit a huge discovery. If it hasn’t then I think £10-£20 a share is fair value for to gold price rising and existing producing profitable asserts