Drat, regret only buying 15,000 of these little beauties now, should have bought twice as many. I guess you live and learn...Still a tad nervous about the expected announcement - might have trouble sleeping on Wednesday night - pseudo Christmas Eve...
Warburg Pincus and Paulson both bought into the Open Offer for 26p old money, and also this RI for 50p. I cant even remember what they paid when they first bought in. I know it would make your eyes pop out your head though!! I cannot see them accepting 60p new money for a takeover. Unless they do a Buffet and say "We made a mistake buying PFD". Regardless, I think we are onto a winner at this price.
I don't think it would get anywhere near shareholder approval until the sp was substantially increased. The free fall of the price was probably just on the back of the food sector in general, especially the tesco debacle.
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