Think we can safely say they are well and truly out of it for good. They are pathetic, with an opening bid of 52p, if they were serious, they would never have let Nissin buy 20%. If they had bid 60p first, a deal would have been done at 75p. Think we may soon see Nissin start to build up to the threshold, not many feel they will make a full bid, I wish they would!!!
This was just one of a series of inititives aimed at boosting the brand, other options will in due course, be implemented. The markets are aware of the fact it takes time. It must be appreciated, brands like Homepride would appear to be doing better and of course, we know about the international side of things.
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