Member Info for Surin

Rock...remember without a buyer there can be no sell.

Rock...take it easy...I dont know the criteria institutions use to manage other peoples money, all I know is they do have criteria.

Rock, some institutions have criteria to abide by eg FTSE 100, 250, Market cap minimum etc. I dont know what criteria Ninety and MPart. use.

Jen, I know how you feel. Anybody looking for an turn-round opportunity will already know about WG- they are too big to be unknown. Sit tight, and be patient during the suspension.

Wyndrup you say `Over the years there have been so many cases like this and nothing in the way of justice rarely seems to help the duped small investor.'. I agree. However, small investors would not be the ones duped. Thats what I fingd attractive about WG...their overwhelming Institutional ownership. Still much to come...either way...I( dont think the lenders are going to pull the plug- that would be suicide.

Bought again

Ice could you post an e-mail list?

ABUSA= Anything But USA

Next time I update will try...but numbers/contacts not difficult...

Thanks Jen, lets hope the II's do something...will all emerge during suspension in my view.

Did the directors sell some today?

Rock `The last report I can find on Sparta was on 3 April 1430

at 3.89%'

then assume no change. Could they lead the charge with the Likes of Fid, Scho, B'rock etc?

Jen you say `In response, they replaced key board members or overhauled their governance structures.'

Who are `they'?

Sidara, WG, II's, lenders, staff, local and other levels of government have no desire to push the company into unwarranted receivership. A deal will emerge...

Ice you say `why are lenders so unwilling to play ball?' I think Sidara are placating the lenders and bringing them on board. The II's may see their WG investments as small fry in the greater scheme of things. Who knows...just thoughts...

Fidelity, Black Rock, SG, LG etc investments in WG are meaningless in the formers scale of operations...they might just see WG accounted for in their write off risk/reward calculus. Of course they will want the best deal they can get...they wont think twice about shafting smaller players and pi's.

ICE the issue is how the lenders respond to balance sheet reconfiguration...Sidara are, imo, wooing the lenders...but the II's are, hopefully, not to be trifled with.

If the II's were to reject Sidara offer, then Sidara would have some notion of this. The II's would need to develop a plan, with the lenders...Similarly Sidara needs to sound out lenders. Lets see see how it unfolds. It may be that KG is hedging his bets and keeping Sidara enticed whilst other possibilities are explored (he did imply that).

Med I posted the information on the snapshot dates. Perhaps somebody else might have more on Sparta

Med some have exited/still in process of doing so BUT most are stable