Circassia Takeover Rumours (CIR)


Circassia Chart

Circassia Takeover Price

Circassia Takeover Forum Posts

Very difficult to call this share. Speculation as to lowball buyout to take private and maybe highball takeover! Meanwhile, the business is now debt free so aside from the corporate side of things the share price should be driven by drug news developments. But even that is hard to call.
A takeover would have to be at least 40p imho, I am pretty sure it will come given the new deal. That removes a lot of the risk from the business in terms of debt, it suddenly becomes a lot more profitable for a lower level of risk in a hgih growth area. That is a very attractive proposition. IMHO, DYOR.
Sorry for following up, but it's interesting! So, will we find out what he paid for his additional shares? The other director buys were at. 23, so one could assume about that level. 20= above this is circa 27.5. This stock is massively volatile. A 5^ daily move is nothing out of the ordinary, if the market expects a takeover it would have to trade between 23 and 27?
thank you john for your reply. following on, given that we don't know how much he paid for the most recent purchase, could it be possible for him to takeover a price below todays close?
so, am I correct that Griffiths now owns 29.8% of the company? getting closer to the mark at which a takeover offer is required. Any ideas how that might work out? could his increased holding explain todays drop, or is the just market movement?
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Was all so in SKP and after a long run made a v good profit sold half rest in VEC re takeover .
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