I agree with the anger and frustration. You asked why they did not sell at 65p to a company that could turn things round? Because GD thinks he can get you and himself more than 65p!!! In any case if you got 65p and MC turned things round, what would you know about it? after all the shares would cease to exist at 65p.
I fortunately sold at a loss at 47p as I lost confidence in the management. They could not organise a brewery in a pis* you! Why did they not sell at 65p to a reputable company who could have turned things around?
Pity they sold most of their holding a few months ago but hard to argue with their logic. I guess they are signalling to others that they would support any approach - now if oasis do something similar we may be onto something !
A bid from anywhere other than Asia is unlikely, quite simply who works with Nissan? More likely, is Nissan top up just. Below the threshold and encourage others to invest in the company for their own benefits.
I wouldn't be surprised if someone eg oasis called an egm and demanded some changes in board - they'd have all the pi s on their side -! - bottom line is we don't trust GD and nissin to act on our side whether that is fair or not.
This must be one of the biggest volume days in the last 2 years apart from when Nissin bought their stake from another holder, the best bit about this today is that even though there has been some 8million shares sold there has been over 11 million bought so yes I think someone is still stake building ready for a takeover. I hope !!!!!!!
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