WTG Defence, page-241

First 241 Last

Share
Profile

Follow
Successwillcome

2,060 Posts.

312

22/10/17

10:28

Post #: 28093488
Share

Originally posted by walkingeagle ↑

............they want to take 95% of our Australian shares and 100% of our UK shares.........

.........which bits of "you don't own anything either in the UK or in Australia because you can't open the doors for business unless the lenders pay someone to open them" do you not understand?

Here again there are precedents. LON: XEL. You do the research - I know about it intimately because I hung on to the end and lost everything.

As for the Hewlett Packard/Autonomy comparison, I provided one link only that summed up the defence case (from the horse's mouth). There is any amount of coverage of it on the internet so what's the point in me choosing what you should consider? I was also involved in the takeover situation but not afterwards, although I have followed proceedings ever since. The HP takeover was rather more positive for me as I owned a stack of Autonomy shares at an average of about £5 which I'd accumulated over the years (I was so convinced of its merits that it represented 87% of my portfolio at the time HP pitched up with a cash offer of £25.50 a share). Nice one - bet you're made up for me, eh SWC? It's an ill wind and all that.

I also did well as a late entrant to QPP (I couldn't have invested while Terry was there). An Australian company came along out of the blue and paid $1bn for a collection of different businesses only recently put together in a chancy industry and with no real trading history to go by - very surprising I thought. Refreshing for the bank balance though, so no complaints.

How's your investment going here, SWC?

Expand

Nice barrister you pretend to be?

Don't know the difference between facts of a case and a horse's
back end. Embarrassing WE but very entertaining

And for me I vote NO to the lenders proposal.

My leverage is for example that SGH is much more worth alive.

Selling my shares for nothing? NO thanks.

SWC

SGH Price at posting: 6.9¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

CYM

WA Nifty copper project steps closer to restart with Cyprium Metals inking $40M loan from Glencore

HLX

Helix investor makes partial takeover bid, proposing board changes

VYS

Vysarn acquires Waste Water Services Pty Ltd for $7.5M; WWS to become subsidiary as expansion continues

TBN

Tamboran kicks off Shenandoah South pilot project with SS-2H well spud

CCO

The Calmer Co’s Anthony Noble reflects on record breaking FY24

HVN

Consumers cautious according to Harvey Norman, as profit slumps 35% in FY24

LLC

Lendlease sells off US east coast construction operations in latest global divestment push

Week 35 Wrap: HotCopper’s top watched; ‘iron ore winter’ has started; Oz inflation @ 3.5% MoM; Harris fracking flip

PYC

PYC achieves key designation for drug aiming to treat blinding eye disease ADOA

Consumer Staples Shine Amid Retail Slump – Key Stocks to Watch

There are more pages in this discussion • 91 more messages in this thread...

First 241 Last

Add SGH (ASX) to my watchlist

WTG Defence, page-241

Top Stories

WA Nifty copper project steps closer to restart with Cyprium Metals inking $40M loan from Glencore

Helix investor makes partial takeover bid, proposing board changes

Vysarn acquires Waste Water Services Pty Ltd for $7.5M; WWS to become subsidiary as expansion continues

Tamboran kicks off Shenandoah South pilot project with SS-2H well spud

The Calmer Co’s Anthony Noble reflects on record breaking FY24

Consumers cautious according to Harvey Norman, as profit slumps 35% in FY24

Lendlease sells off US east coast construction operations in latest global divestment push

Week 35 Wrap: HotCopper’s top watched; ‘iron ore winter’ has started; Oz inflation @ 3.5% MoM; Harris fracking flip

PYC achieves key designation for drug aiming to treat blinding eye disease ADOA

Consumer Staples Shine Amid Retail Slump – Key Stocks to Watch

Featured News