-
11-12-2023, 11:59 AM
#14111
Member
Pretty sure the buyback must stop a month out from a reporting period so no buying in December. It also provides an opportunity for the bidder to come back with no disclosure needed…
-
11-12-2023, 12:01 PM
#14112
Member
It's almost like they declared negotiations finished to give themselves that opportunity... I'm not sure it's not above board though, when I think about it.
-
11-12-2023, 12:41 PM
#14113
Originally Posted by Moneyman
Pretty sure the buyback must stop a month out from a reporting period so no buying in December. It also provides an opportunity for the bidder to come back with no disclosure needed…
Could just be that, indeed.
-
11-12-2023, 12:45 PM
#14114
Originally Posted by thebusinessman
It's almost like they declared negotiations finished to give themselves that opportunity... I'm not sure it's not above board though, when I think about it.
Oh Bownan definitely won’t have won’t anything against the rules, no worries there.
And, as you say, it could just be a pause in the buyback a month out from reporting etc.
If it did turn out that the interested party came back so soon it just wouldn’t be a good look is all I am saying.
Though no insinuation that Bowman has done anything wrong so far as the rules go.
Just a lucky guy I guess!! He can see what a third party bid for the business plus be privy to independent valuations from the bankers etc…and then load up the truck on shares whereas the market gets none of that info.
-
11-12-2023, 01:53 PM
#14115
Member
I've sent an email to investor relations to see if they have any thoughts.
-
11-12-2023, 03:12 PM
#14116
Originally Posted by mistaTea
Oh Bownan definitely won’t have won’t anything against the rules, no worries there.
And, as you say, it could just be a pause in the buyback a month out from reporting etc.
If it did turn out that the interested party came back so soon it just wouldn’t be a good look is all I am saying.
Though no insinuation that Bowman has done anything wrong so far as the rules go.
Just a lucky guy I guess!! He can see what a third party bid for the business plus be privy to independent valuations from the bankers etc…and then load up the truck on shares whereas the market gets none of that info.
Well, when they see him loading up the truck, after looking at all the info, that’s a bit of a clue as to what is going on….right ?
Are you back in Mr T ?
-
11-12-2023, 03:19 PM
#14117
Originally Posted by RTM
Well, when they see him loading up the truck, after looking at all the info, that’s a bit of a clue as to what is going on….right ?
Are you back in Mr T ?
That’s hardly the same thing though. Inferring from his buying that SKT is undervalued is one thing. Having access to the exact amount that a bidder has offered as well as whatever independent valuation they got as part of the process is quite another I think.
No I don’t own SKT and would not consider buying in again with current Leadership no matter how ‘cheap’ the company ever looked.
-
11-12-2023, 04:22 PM
#14118
Member
Originally Posted by mistaTea
That’s hardly the same thing though. Inferring from his buying that SKT is undervalued is one thing. Having access to the exact amount that a bidder has offered as well as whatever independent valuation they got as part of the process is quite another I think.
No I don’t own SKT and would not consider buying in again with current Leadership no matter how ‘cheap’ the company ever looked.
Current leadership has made me money. Old leadership lost you money. Shame.
-
11-12-2023, 05:00 PM
#14119
Originally Posted by errornz
Current leadership has made me money. Old leadership lost you money. Shame.
Oh you are trigg, say thank ya.
-
11-12-2023, 05:10 PM
#14120
Member
How much did you lose again?
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks