Approach gone. |
Interesting to see that this is not the first approach from these two. |
Many institutions have bought large stakes, playing the short term game. Unless both deals have fallen through, existing holders at 118 p cannot lose for the deal to go through at 125 p , and more crucially much higher. With any other bidding games the eventual price will always be higher. I am looking for 150 p. |
Might find out early if this suddenly jumps closer to 125p indicating the target has moved up. Until then I think it will probably bounce around here. |
Further negotiations will probably see the final offer price be raised to 150 p a share. |
Discounting the time to finish any deal at 125p if that is the price. |
I'm really surprised that the share price isn't at least 125p with two potential bidders already at that price. |
Yes, you are right, let's see what develops |
K8, I think we are only at the beginning of this, a 30% premium is fairly standard as an opening bid. |
It would explain why Kestrel have not added since 9th Dec which is also the earliest date on which the current approaches could have become active. |
He got some yesterday. Must have some luck lol. |
And now Slater Investments Ltd have 11%.... |
Was hoping for more than that, at least 150. Wonder if Go Daddy will have a nosey |
I wonder if the two bidders knew that there were two bidders before about one hour ago!! |
Should imagine they will want closer to 140, looking at prices they bought at. |
I guess Kestrel are key here, maybe already involved? |
With a bit of luck it will go through > 125p with a bit of competitive interest? |
Pleased to see. Was mopping up near the low as the sell-off was overdone. Didn't expect this, was expecting more like a slow grind up due to buybacks and Kestrel. A welcome event. |
Balls. Just missed that move.
Offer at 125p |
Potential buyout |
Nice bounce against the market trend this morning |
Next thing to battle with now is the TikTok ban...this will be very unhelpful. |
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Nice rise this morning once again. |
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