Member Info for Swanley

B*ll*x, I got my dates wrong, thanks Rock8 for correcting me.

Ok that makes life a bit easier. Dunno where I had that date from. In that case, would still hope for extension RNS by Friday 15th, or news over the w/e. Still presents a challenge if there's news on the w/e and by Mon am it's too late to react. Still hoping for something prior to the w/e.

You're working from home and have spare time? Haven't you heard of the internet ;)

Yeah it's tricky now.

Either Currys get an extension request RNS that must be delivered before e.o.d Friday 15th to give JD more time to prepare their offer, or if nothing heard by then, it's a lottery as to whether JD will make an offer by Saturday 16th 5pm and we wake up on Monday to whatever that price is, or the offer window expires and JD forfeit, and shareholders wake up to a SP back at 48p on Monday 18th - as the institutions will pull out such volume that's been invested in here over the last 4 weeks.

Hating the fact that the deadline is a Saturday, we either have to bail out Friday pm, or hope for the best. I can see why a number of institutions like Barclays are equal long and short on this.

Fingers crossed for something prior to Saturday. GLA

..... And the market gives absolutely no f*cks in response to the RNS as the share price has moved exactly 0.00%.

Fingers crossed an offer comes so we can all bail out of this sh*t show.

Thanks for sharing, Ocado have such a good tech offering.

It is showing as a 'single protected transaction', but I was guessing it was a delayed trade too.

Wow, which platform is providing a quote at 8.89, I'm seeing an ask of 8.16 for SOLG on Charles Stanley.

Price should close above 8.09 on the daily to stay above the 100MA and break free of its influence.

Yeah I read their previous effort last night - looked pretty solid and would expect to see further increase which they hinted at.

Broken through the downtrend from 27 Jan 2023 on the daily. Consolidation since Jan 2024 and recent action suggests this is going north.

I dunno chief, I just asked if the results would be due this week ;)

Why are you suggesting to look at the 1yr chart Magicman3? Do you know where SOLG is on the discovery lifecycle? https://www.visualcapitalist.com/visualizing-the-life-cycle-of-a-mineral-discovery/

"I wonder if the U/T is going to bring us down again?"

Nope:

11-Mar-24 16:35:15 8.19 576,510 Buy* 7.98 8.48 47.22k UT

Looking good on the daily to break the 100MA and challenge 200MA at c 11.5p

They're still in offer period. I'm expecting to hear some update on that in the final results. Regardless, if they were going to delist, then there would have to be announcements to that effect, at which point, I'll be getting the Frank Boff outta here.

Final results due this week?

That would be nice. I was thinking that if they're gonna extend, we'd see an extension RNS by about Wednesday of this week. Otherwise they have hopefully had better dialogue with Currys than Smelliotts and understood what a 'fair value' offer looks like.

Yep, looks like a few through GS, RWC etc have slightly modified their positions, but given the significant volume of long positions bought since mid Feb, everyone's playing a wait n see game. Would have seen 48p or lower if those large holders had sold out. Next 7 days will be interesting.

Also, these legal battle often sound like they're a big deal, with lots of posturing from both sides. In reality, it's in no-one's interest to have a massive court battle, reputationally, or financially, and these things are often settled through out-of-court settlements. Once this is done, it'll all blow over.

Agree, totally oversold and driven down hard last week to get good entry point. This year will likely see inflation issues subside, interest rate reductions and the McKesson profit hit the books, I see this as a big turn around story. Price today certainly reflecting this.

Technically, trendline from 20th Dec 2023 to today is being tested at c. 468-470 on the daily. Past this and it's all to play for. GLA

Elliott's - bunch of chancers have gone off in a strop. Only problem with Elliot pulling out is that if their involvement was meant to flush out an offer from JD, it hasn't... So no bidding war and all hopes now pin on JD not being a bunch of n*bs.