Member Info for Swanley

Mike Ashley just increased his holding by 4.5% to 11.17%. Suggests confidence (at least to me) that it's headed North. He previously owned a large stake.

A Currys delivery van just drove past my house. Is it a sign I wonder?

Institutions piling in today. Good to see.

RWC taking a sizeable chunk there. 14%/165m. They must be confident of a counter offer/bidding war and see upside potential of c.30% plus

-1.22%, a small rise indeed! ;)

Probs cos as of now there's only one offer on the table at 62p. I agree with Mary at around mid 80s for subsequent offers

Straight up to 62p. Lovely jubbly.

Nice! Thanks for sharing.

"Clive Black, retail analyst at Shore Capital, said: “Currys is in play now. I presume it will be in a bid situation in the morning. The shares will be higher on Monday.”"

Rock on!

End??? Rns that should have been

Agreed, never say yes to initial offer anyway, but this is worth at least 80 and likely more. I expect there will have to be an end Monday to explain the recent offer/rejection.

It's definitely a cheeky offer. They have until 16th March to come back formally with something more realistic if they're sincere about it. Next week should be interesting

BBC update on this:

https://www.bbc.co.uk/news/business-68330462

Ok, yep agreed. Thanks Josey

Josey, why does it matter what price Damien paid for the stock vs the price paid by any of the board? Surely it's number of shares that count, right? If Damien bought 12m albeit at a cheap price, he'd still hold more than the CEO..

Wouldn't be surprised if Hanson's got his cheque book (gosh that sounds old skool) out again. I wonder what value he's aiming to buy? He's already holding more than the rest of the c-suite except the ceo.

MMAG has used up all LSE's RNS tokens for the rest of 2024..

Holding increased by 500k shares to 1.49% from 1.03%

Yes, but I wasn't referring to that historical offer - probably my garbled English. It'll be a happier day when this is back up at that value :)

LOL, there isn't. That's my point. Future tense..

I'm going to come onto LSE and ignore the usual RNS light for Music Magpie, thinking it's just the daily Shore Capital BS, and completely miss that an offer has been made and the price is currently sitting at 40p.