British American Tobacco Takeover Rumours (BATS)

MCunliffe1, I take the point on buybacks. Many (most?) companies do it poorly. I can't comment on ABRDN, but with BATS on such a low multiple I can't see it being a mistake to do so. I'd expect the dividend to be maintained. Reverse ITC takeover is something I've herd mentioned a couple of times. Interesting Idea. All the best, 0x3F PS Good detective work. 63 is an ASCII code...

Thanks Number 63 - I do now know what aggresive means. Using most of the free cash for the BB. Perhaps at the expense of the dividend? Or alongside the dividend? ABRDN went through a BB, about 15% of the shares were bought back. The SP failed to move and the resulting cap. of the company caused it to drop from FTSE-100 to FTSE-250. It also reduced the number of the shares that a predator would need to buy to gain a control. Same may work for BATS if the BB is aggresive enough. Perhaps ITC will reverse takeover. See, 63, I thought want I wanted. :-)

if mr dart continues to buy shares like he has then its very possible for a takeover going forward ,just a waiting game really glad

valentine was a report on google finance on pre results day ,they see mr dart with his large holing as a takeover waiting to happen

Spier, what makes you think of a takeover? Not heard that being pitched before. Also, by whom?

moving up nicely pre-results ,mr dart keeps increasing his holding now over 10% BOUGHT another load in January , takeover could be on the cards

PM's debt is $47.8bn after the Swedish Match takeover.....hardly peanuts