Member Info for YorkshireBlues

The new posters probably have short positions and/or working for shorters. I hear they get paid a 1p per post. Some will have made at least 20p by this time tomorrow.

Russa stop being silly.

I can't believe some individuals still believe a potential offer will be based purely on the current share price. As Ice said it will be based on the value of the company not a share price driven down by short term sentiment.

Dont be silly deathvalley.

Hosai, obviously positions can change but it was the FT who broke the story of Sidara making another approach for WG based on sources close to the negotiations. You'd assume they were correct in their assertions.

That was over 2 weeks ago though so you'd imagine some aspects of the proposed takeover would have changed in that time.

If you're talking about Fidelity they have a higher holding from before.

They've increased as per today's RNS.

Higher if refinancing is announced...

Agree about the need to scale up in terms of resources and manpower to bid for the opportunities presented by NEOM and other large scale projects. However, the Middle Eastern mentality means mergers are usually only considered if other options have been exhausted and full takeovers are the preferred option. The FT article also mentioned the preference of Woods board to sell the entire company to Sidara.

Stupmy, thanks. Explained it in a far better way than I did.

The shorts lost over $100bn on the US stock market in 2023 and probably more last year. They don't always get it right and the sensible ones hedge their investments. As someone said a cpuple of days ago 6% may be short but 94% are long.

@jackdawr, total of 3 posts, all WG and all negative.

Id take news of any offer prices with a pinch of salt. Virtually nothing about the details of the negotiations has been released officially or unofficially.

The $200m negative CF will be offset by asset disposals.

Probably just a coincidence but as soon as Solentskier posted his 'intel' SP has shot up!

Taverham, wot Denzil said!

Fingers crossed 🤞 Stupmy

Jack, I've been asking everyday and they've heard absolutely nothing. Hopefully I think we'll all hear something soon.

Taverham, please sell up and rid us of your negativity.

I think everyone agrees Sidara will be after a significant discount to what they were proposing to pay last year which was in the region of about £2.30. I think most people would agree a 40% discount is significant. That equates to about £1.38. If an offer is accepted it will be around this price.