23-04-2024
That Merck. He's a piece of work, eh?
htTps://www.thetimes.co.uk/article/threat-to-buy-up-all-hipgnosis-songs-signals-an-escalation-in-takeover-battle-knc32fxxg
22-04-2024
$1.30 would be about another 5p. My paper losses have halved since Friday, which is nice.
So it looks like there are 2 bidders, we can maybe expect a counter offer from Concord and if so then maybe another offer from Blackstone but it is going to be inching up from here. SP now about £1, it could fall back to 92p, perhaps go up to £1.10 when I'd be in a modest overall profit taking into account dividends.
Edit: If Mr Market was expecting a takeover battle then there would be buying and SP rise in expectation of that. It isn't happening yet so presumably there is no such expectation.
One week ago we'd have been delighted to get out at today's price, is it time to do so?