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Sit tight ........ lots of rumours are still flying around about this take over ... and I am sure the market will respond (negatively) to the Daily Mail rumours on Monday ...... but they are just rumours. If the share price falls much further (below 50p) then we are at an "even money" bet for takeover ... in other words if we get taken over then the share price will rise towards 60p ... and if we don't get taken over ..... it will drop to around 40p (or a little less) ..... Either way .... time to take out the tin hats ...... and wait and see what happens ....... if you were going to sell out ... you should have done so at 54p .... no point having a last minute panic now ......... hold tight ... we are in for an interesting few weeks. GLA

Computers don't listen or wait for news .... they trade on charts .... if that H&S has formed we are heading for a drop over the next few sessions because the computers will sell ......... The only thing to save us is news ..... because that will cause us to bounce out if the pattern - if positive - or crash - if bad.

The TAs are saying that a Head and Shoulders has formed on HOIL .... they are saying the 1st shoulder was when we spiked at around £2.06 then the Head was at around £2.20 and the last shoulder was a few days ago at about £2.10. Let's hope they are wrong ... because if we do have a H&S pattern and it plays out ... then this is going to PLUMMET .... I'm not de-ramping as I have added to my HOIL position in the last couple of weeks (prior to seeing the TA assessment). GLA

Right .... so now the FIRST bid is on the table at 61p ... we have until 13th November to find someone prepared to pay more money ..... if Ladbrokes or Paddy Power or any of the others are still interested .... they have until 13th November to show their hand ....... this could easily rise to 70p+ with a new bidder ...... HOLD ..... GLA

Don't we see this so, so often? A big tree shake to get the nervous to sell ... then a strong recovery later in the day .... it happened to me with HOIL (and I wasn't brave and sold at the bottom of the tree shake in panic) ... and I was determined it was not going to happen again at SBT. Good finish to the day ...... I am now both optimistic and brave! GLA

Looks like we are heading up again .... the nervous have sold .... leaving the brave to enjoy the fortune! It wouldn't surprise me to see this level or even up on the day ......!

The thing is that if the takeover doesn't happen - the share price will fall and I can buy more share for less money. This company is radically different to the way it was last year (when Ladbrokes pulled out) and will be worth a lot more than 60p a share next year (based on the fact that the Australian business is flying, we are poised to re-enter the USA, we have got rid of the Turkish business - that GVC will need to continue to pay us for, we have acquired licences in Spain etc and the European business is poised to succeed). So - we might get a temporary setback if the takeover falls apart ... but then we will be able to buy more shares for less money and I am confident that the share price will be trading at more than 60p - this time next year! Fortune favours the brave ....... I used to be a whimp (and lost money as a result) .... but now I am being brave ... and am waiting for my fortune !

The Sampoerna Strategic Fund - run by Indonesian Billionaire Michael Sampoerna (a keen poker player who has a mountain of cash to spend) - was rumoured to be stalking SBT with a potential 70p+ offer during August 2012 causing the share price to dramatically rise. Other possible bidders are Ladbrokes again (as a senior SBT employee has just joined them to fix their online business) or Paddy Power (because the Australian business would be of particular interest to them). Until WMH/GVC put their final offer to the BOD (or walk away) .... I think we are unlikely to see any other bidders ....and our best hope might be the poker player (which is why he is being so difficult to read / quiet at the moment). Just my opinions ... which is why I am holding my 65,000 shares .....

are not going to accept a below market value offer for SBT. Our own broker values the company at 80p, the BOD have that sort of figure in mind as well I suspect, and I can't see them accepting less than 70p. WMH/GVC might be more willing to pay up if they weren't also trying to unravel the Playtech relationship (which is also going to cost them several 100's of million pounds ..... Our best hope ... probably another bidder entering after WMH/GVC have made their best and final bid.

I don't think the BOD will accept 60p - I think they will want a minimum of 70p+ - and the other problem is that no other bidder is going to show their hand until the WH / GVC final offer is on the table. An interesting couple of weeks I think .... and the takeover is by no means a certainty at all.

I've been recommending that SBTers HOLD these shares until we get clarity on what is going to happen with regard to the potential takeover and have deliberately neither bought or sold shares in SBT for the last few weeks (as soon as the WH / GVC interest was declared). Anyone buying SBT shares right now are, indeed, gambling that a bigger offer is going to be forthcoming. But the upside is probably only 9p per share (ie: 60p is likely to be the maximum next bid) The downside is, potentially, mid-30's (possibly as low as 36p where we have major support and where the SP dropped when Ladbrokes pulled out last year). So the gamble is .... 9p up or 16p down ...... seems not a good gamble to be .... which is why I'm holding still! GLA

Apology accepted .... and I hope your prediction (of sell everything now) is wrong! GLA

I think these shares will drop back, short term, to the low 40's if a renewed bid isn't forthcoming ..... however ... I'm pretty confident / hopeful that a new bid from WH or Ladbrokes or PaddyPower etc ... will arrive in the next couple of weeks ... which is why I'm still holding 65,000 of these ........ If they drop to the low 40's ... I'll buy some more ... because the dividend is due on 19/12!

bidding again as the previous CIO of SBT took up a senior position at Ladbrokes back in August to fix their online business. What quicker way to fix the Ladbroke business than acquire a familiar online platform - ie: SBT. Just a waiting game for the next week or two ... when everything should be come clear. I still rate these shares a HOLD (from an investment perspective) and a BUY (if you are a gambler).

Yes - come on mighty mouth - where is the evidence .......?

We have still got a week to go before the deadline for WH expires. The deal might fall through .. and the share price might return to the 40's ..... A new offer might be received ... and the share price might rise to the 60's ..... I don't think we have heard the last from WH yet - otherwise they would have simply issued a statement saying they were no longer interested in SBT when the 52.5p offer was rejected. I can't see the point of selling right now...... I agree that the takeover _might_ fail ..... but I am prepared to take that risk (and the resulting drop in the share price) ... because I also think that a takeover _will_ happen!

I could not agree more ...... thanks for such a sensible post!

Anyone is free to make a bid for SBT .... we were all hopeful that the low WMH / GVC offer would trigger other offers from either Ladbrokes or PaddyPower etc ... but none have been forthcoming SO FAR ..... I still think WMH will come back with a higher offer than the "opening" 52.5p bid .... but whether the offer is high enough for the BOD to recommend .... is another matter. I still think we will see 57.5 -> 60p before the week is out .... Why? ... because WMH would have walked away by now if they weren't planning to increase the offer. This is a game of brinkmanship now ...... and I would expect a flurry of activity just before 16/10. DYOR ... GLA

Whilst we wait to find out what the next move is from WMH / GVC ..... the consensus of opinion from analysts and investors is HOLD .... with so many HOLDing .... the volume is bound to be low .... no point buying any more whilst the takeover position is unclear .... no point selling either ........ If your basis for selling now is simply low volume ...... I would suggest that you are ignored.

What makes you think the takeover is not going to happen ..... how about attaching a link .... or did you read it in your tea leaves this morning?