Member Info for Talatum

dinnermoney, BHP have not bid so far so why should they then come up with a low bid just to force the hands of other players. They would only do that if they wanted to get rid of their holding for a decent price. the risk for them then would be that they could get lumbered with their low bid if no one else comes in.

There is a lot of anger on this board about directors being given a stake in the NEWco but not other shareholders. What puzzles me is why major institutional shareholders have not come out and done/said anything about this. Large shareholding I have found is (quite likely specifics out of date but gives an indication of who may be invested}
GlobaGlobal City Holdings NV 275,720,505
HSBC Private Bank (Luxembourg) SA 274,745,000
Hargreaves Lansdown Stockbrokers Ltd. 174,741,000
Artemis Investment Management LLP 75,317,592
Aviva Investors Global Services Ltd. 67,027,369
Polaris Capital Management LLC 64,081,235
Abrdn Investment Management Ltd. 51,047,693
GIC Pte Ltd. (Investment Management) 41,021,894
IG Markets Ltd. 38,863,000
HargreavesAsset Management Ltd. 38,813,000

pigs are flying

Great patiencebringsit, I will draft the initial letter to non exec and send it to you before the end of the day

Ok , Excuse my ignorance but how does open letter work. Is it something you put in a newspaper or just on this board. I am not the worlds greatest letter writer nor have I fully understood the legality of what is going on but happy to have a go . It wont be specific but more a general request to ensure fair play.

I don't have any legal knowledge but here are a few thoughts to add to the thinking that others are doing:-
I days long gone I am sure I came across such thing as a clause in the law making discrimination against minority shareholder illegal
If there is any evidence that directors have acted against the interest of shareholders to protect themselves by either promise of directorship and/or shares then can they be reported and be barred from acting as directors
CAN WE TAKE some action NOW THAT WILL Delay The proceedings . i.e. throw a spanner in the works.
Does anyone know a friendly journalist who may want to pick up the story.
We need to be alert to scale down and/or avoid investing in companies where the non executive directors of Cineworld are holding similar position.
Any merit in writing to the Non- exec warning them to ensure fair play .

"In mather we trust". Sorry could not help adding "and in BS we believe"

"However it seems borderline criminal that the BoD can retain shareholding in NewCo in a deal that cuts out the other shareholders’"

Surely any rights offered to BOD as shareholders would have to be offered to all shareholders. If not this a biggest stich up and time to get some politician shareholder involved

webinar tomorrow 12.30 to 1.30. anyone know how to join

Thank god it is not in trousers

None of this makes sense to my inexperienced eyes. Assuming that the ongoing strategic review and/or for sale sign means an imminent major price changing announcement. Isn’t there a rule (or at least a duty of care on part of non-exec) not to grant benefits to someone whilst knowing of an impending major price sensitive announcement? If so surely someone now or when it (the announcement) happens should cry foul.

SharketMare, In the open market by taking advantage of resultant share rerating- we hope lol

DanielN. You are right that the increases are within the contract but then they are not obliged to increase up to the maximum permitted. I thought the regulators/ government are kin that loyal customers don't pay more than new comers! May be time to talk to ones MP to point out this unfair practice. But then it would not help our share price LOL

Me cautiuos, "In the UK it seems all telecom service providers are going to increase prices in unison." If true is this not against law

Zarro, Solgold is not aim so the casino (if one exists) is playing in the main market!

28p. my average cost. they can have it

Thanks to those who responded to my friend's view of pre-packed administration. I am glad that there was no acceptance of his view but remain worried about the direction of the price. Shall I catch the falling knife or stick is now the big question for me,

AgArCu, "It'll go on until we find someone willing to bid for us or the asset" So tier1 assets etc and we cant find anyone willing to bid. !! . I am beginning to believe a friend of a friend whose view was- Strategic review will be to go for prepacked administration, sale to BHP for a song with undertaking to retain Board for their expertise. Yes I know that FN and others will not let that happen but then at that stage it would be lesser of all evils and no more.

sincerely hope you are wrong with your 60p

redknight1 Don't despair plenty of late January left January 2024, 2025 and so on lol