Smart Metering Systems Takeover Rumours (SMS)

Sounds like you are taking the money and selling into the Takeover? HL have given me until 12th to decide about selling for the 15th so i will decide on 12th…. I dont see another offer emerging….but will wait a week.

This is the fourth takeover in my portfolio of the others there were no counter offers and one got a bump, two did not. The one that got a bump had a large (10-15%) founder shareholder that was no longer involved in the business…..sounds familiar. I sold 50% of my holding at 959 as I was only expecting 920-930 ahead of the meeting to approve the deal. I am thinking of buying it back in the hope of a bump in the offer to get these dissidents over the line.

Been a takeover bid Andy at 955p plus the next divi. However in a surprise to me part of the management are going to reject it as 'disappointing '. Wouldn't mind s higher offer. ;)

So we are all in agreement that Renewi RWI is the one to go private next following the failed takeover bid by Macquarie last month?