Member Info for You_Having_a_Laugh

Legal restrictions?

If you fancy a laugh go on the investors section of the website and then the offer period information, read the disclaimers and click on "I agree". You might get lucky and find it works or unlucky and it doesn't. If it doesn't are they having a laugh.

https://www.tissueregenix.com/investors/offer-period-information/

Imagine what happens to the price if the offer is pulled, the BoD have a duty to explain what happened and why. They'll say it undervalued the business but the market let them know what they think it's worth before the 2 bidders approached. Unlikely anyone else will have a go for a year or more and will take that long to get back above 125p. Get it over with now.

Happens more often than not theboyg.

Verdane would have offered 125p from what they could see at the time. Since then they have had a look at the books during due diligence and Team are now being more transparent in their reporting.

TU - The Group committed to providing greater information by reporting on the profitability of each reporting segment, as well as separating out our Comparison business, which has grown so favourably that it now qualifies as a separate reporting segment.

PUSU extension - Discussions between Team Internet and Verdane, including undertaking a due diligence review, negotiating the full terms of the Possible Offer and addressing other pre-conditions, have made material progress and remain ongoing.

No guarantees yet because everyone knows 125p isn't enough so won't be accepted but that was the opening gambit before DD and more transparency.

If it goes through it will be more than 125p and there has to be a basis for the price and the basis will be a premium to the average share price over so many trading sessions. 40% upside would be reasonable and at greater than 125p. There's not much of a rush for the door so I think it's being managed. Paying a premium to what the market says its worth is as good a valuation metric as any.

I also still think there can be a gate crasher turn-up at the last minute so the current party needs to make sure to get it to the point of ik0rrecovable support from the big holders.

No, that 40% premium is likely and 100p is the average price before confirmation of 140p.

It was 7th Jan when the bids were announced and the price was 91p with offers of 125p which is about 37% premium and probably about 40% when the bids first landed.

They would be pretty stupid if they don't keep the bid alive. The next 2 years will be brutal.

Performance of Kestrel hasn't been stellar for a while vs benchmark. You would think they would jump at 125p as a cash element whilst keeping some PE stake. Trying to be too clever for their own good, don't rate Kestrel as highly as the likes of Rockwood.

Court action related to Shinez might get some cash back but risky and takes time.

I'm expecting a gate-crasher if this looks like going through and if I was in TIG management I would be touting for interested parties to make an offer now. The problem is if this offer falls through someone will come in with another 125p and the last 2 bidders locked out so it's round and round again. A big management distraction.

Time to get it across the line and move on.

Some people will talk down Optima because they missed it at the base price but will jump onboard later after they have tried to talk it down and failed. Even some well known pundits. They have no idea. This is just the opening inning for Optima.

Might be a gate crasher joins just as hopes fade.

To me to you to me to you.

2 to 1 to 2 to 1.

Yes, was and am having a laugh. Excellent contract. Others to follow imho.

If the market has been happy at some average price for a while it will be ecstatic at that price + 40% and a deal will go through ok. Tightly range bound.

Congratulations. A bid possible at the average close price over a few weeks plus some percentage. It all looks pretty well controlled. Might just be a conspiracy theory but not all conspiracy theories have zero basis in fact. Just look at the range over time.

My guess is deal is nearly done and now just proving the future potential to justify a price over 125p.

Offer 'x' and we accept, ok, now show us the proof you're worth 'x' and we'll pay it. Down to the last few details.

Did Mills say some of the best results they got were from private holdings.

If it is acquired its 80p max with these results. A downer RNS to avoid disappointment and the fact the price has hardly moved tells you everything. Doh!

Smother the blow of the acquisition being called off with a 1/2 decent TU, perhaps. Price might fall back by less with a bit of luck.

It has shown price weakness as an advanced warning. It won't recover quickly after this shocker as confidence has been hit hard.