ic says debt is 400%, but the figures don't show that. What's happening here?

net debt is 40m according to last interims. Even gross liabilities are only 60m so either they are

a)counting new liabilities arising from the Network Rail contracts or other contracts gained since interims, or
b)off balance sheet liabilities or
c)they are just a crap rag tip sheet with ignorant journos writing pieces on companies of which they know sweet f.a.

take your pick!

Bonfield

Your view on things made me laugh...

666

Unilever are going to put 10% of their ad budget into posters.
According to their data - The average motorist in urban areas such as London spend more time now looking at big posters (in traffic jams) as they do watching TV adverts.

By close of play today Friday 24th Feb 06, any bidders for Maiden have to have their bids in - next couple of weeks should reveal what is happening. There were a few reported to be sniffing about but whether bids have been made remains to be seen. Hope I don't end up kicking myself severely for not buying at current price.

Any thoughts now price has halved?

Wasn't the offer a lot lower that the sp or some thing like that.

From another board.
There has been a report comissioned which has established any asset sale/ complete sale would net funds substantially below what was the opening market price - IMO this normally indicates in excess of a 75% discount

Looks like that's it for MAIDEN 20p offered per share.