v.Close to Administration, this bounder-led business is floundering in rough seas because of Management incompetance and Debts they incurred when things were reasonably good (er, and UK House-Building was a bubble about to burst).

Some publicity in the weekend Press and a whole page in MOS - Paul Bell (a private shareholder), has built a 27% shareholdeing and is going to say "No" to the Deal (see my notes on other thread...it amounts to a D4E deal to be Voted in October somewhere inconvenient . . . in Manchester...). This wipes out retail shareholders, as ever those that make bad decisions get away to do their bidding again. . . . IMHO They should never run another Quoted company, since it is evident they haven't properly run this one!!!

Horray! It also seems (but I didn't read), that the pair of Bankers (that's LLOY and some Aussie Bank) are prepared to give this silky Management a 10% freebie holding to encourage them to stay, along with some debt relief and fresh funds at least until they can dumpt this bag of do-do on the Stockmarket again...(my interpretation)..
Yet, it seems the Directors currently hold almost zero shares ( didn't they see things coming? Huh!), so I fail to see the Logic - AND if I was a gambler I'd wonder if this Management is worth saving, since they are pretty incompetant, so it seems...?

Good luck Paul, sweep all before.

(I don't hold HYWD as I didn't like
Management at the London AGM I
attended some years ago; otherwise you'd have my vote)