Micro Focus Takeover Rumours (MCRO)

Micro Focus Chart

Micro Focus Takeover Price

Micro Focus Takeover Forum Posts

21-10-2019
Don't read too much into p/e, divii, takeover rumours, etc. Any stock can become negative p/e, high divis are often cut, and takeover speculation is almost always wishful thinking. Disclosure: I am a long time holder (7+yrs) and occasional trader of these, but I am still seriously disappointed with performance and prospects here.
The takeover speculators getting scalped by the market makers. They have to get out, I suppose.
20-10-2019
Excitement over - Further news from Bloomberg : Open Text “notes the recent press speculation and confirms that it is not considering a potential acquisition of Micro Focus,â€￾ it said in a statement late Friday. hTtps://www.bloomberg.com/news/articles/2019-10-18/open-text-is-said-to-weigh-takeover-offer-for-rival-micro-focus
18-10-2019
Take-over talk from the States . https://seekingalpha.com/news/3507026-micro-focus-plus-6_8-percent-takeover-interest-bloomberg
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