Fulcrum Utility Services... Takeover Rumours (FCRM)

Don't know what to make of the supposed 'takeover' incentive. Clearly it incentivises them to look to sell the Company on the one hand but won't the added equity on a takeover act as a potential 'poison pill' which the potential predator might find unacceptable ? Guess it is only 10% so given an acquirer would typically pay a 30% takeover premium for Control it's not going to move the needle that much. The amount of money sloshing around the sector should trump that given 'our' Net Asset level of c.£20m is a rounding error to some of these big multi-billion players Would love this to get taken out for £20m/£30m/£40m ? and then nobody would begrudge the Management getting a £2m/£3m/£4m payoff Net Assets were 4.43p per share. I understand there was an offer for the Company at c. 26p some time ago ? Would be delighted with a 5p outcome TBH Directors paid 12p - 40p in recent years !