Member Info for Wiggly

If they offer 100p and it's rejected, the share price won't drop from here !!

March 3rd, Put that in all your Calendars

Any reason?

Shorts in serious trouble. Likely were trading based on algos. Manual intervention required urgently

No. This relates to the 3% purchased (previous holdings rns) but confirms they are connected to Sidara

Whoa! So they are buying for Sidara

Well connected. Perhaps they know what Sidara is prepared to pay

I doubt they have stopped. They only notified as they crossed 3% from 0%.

Spooked by GS starting to build position.

Bid rise coming

GS still buying....?

The lenders had little faith in CFO hence was pushed by BOD? would make sense

Who was calling or suggesting the CFO was going to exit prior to 19th? Noone.

Very likely CFO did leave due to pressure from BOD. ALSO VERY likely CEO only remains for stability

I don't recall anyone discussing the CFO exit prior to 19th... actually thought he spoke well during the update.

This poster MAY be in the know.

Yes, sorry, 17th, not 15th. But still before the public announcement on 19th.

Interesting... he called the CFO exit on Feb 15th, prior to the exit.

GS buying will definitely worry the shorters

The shorts more likely to be working for Sidara to keep the price down.

They has zero prior to Feb 25th

Who is the debt owed to?

I wonder if they are also engaged in the financing side.

Regardless, they will know what's possible on the financing side and see the equity value.

Very positive

Worth to remember that at the time they withdrew, there was massive escalation in the Israel-Palestine conflict, as well as in Lebanon, Syria, and Yemen. Also, there was a very unpredictable US election.

Huge change versus six months ago.

Wood debt remains the same; however, profitability is projected to increase. 2025 cash flow is now negative due to exceptional costs, but SIDARA likely forecast this six months ago. They are not buying the business for the great cash flow; they are buying because they can easily fix the cash flow and benefit from the EBITDA and strategic synergies.

I am sure Sidara can secure a discount, but to think a bid is likely at anywhere near the current level is madness.