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When you get spiked
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What to tell the derampers
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Before the USA opens
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The rocket?
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mick
i agree with furry.
NT TO BUY,ALL MORNING
LOAD UP,LOAD UP
SELL THE HOUSE
THIS IS GOING INTER GALACTIC
MM'S WANT YOUR SHARE
BOOOOOOOOOOOOOOM
BOOOOOM TO THE MOOOOOOOON
LOL
LOL.
to the moon ..... Booooooooooooooooom
not many shares in issue here........ few shares available and in sticky hands ...... wait til the USA opens.....
Can't buy , none available atm ..... NT to buy at the mo ...... ( just practising for monday ) ha ha !!!
Watch out the opening price could spike and drift back throughout the day
Could be a better buy later on as the excitement subsides
I'll just say, I think this has a lot more to run and makes it an interesting few months ahead for MRW
https://www.bloomberg.com/news/articles/2021-06-19/buyout-firm-cd-r-is-said-to-explore-takeover-of-wm-morrison?srnd=premium-europe
Wm Morrison Supermarkets Plc rejected as undervalued an unsolicited proposal from U.S. buyout firm Clayton Dubilier & Rice LLC that valued the U.K. grocery chain at about 5.5 billion pounds ($7.6 billion).
Morrison received a proposed cash offer at 230 pence a share on June 14 and rejected it three days later after discussions with its adviser Rothschild & Co., the company said in an emailed statement Saturday. The proposal is about 29% more than Friday’s close in London, a hefty premium for investors nursing a 6.3% decline over the past 12 months.
'Morrisons has a partnership agreement with Amazon and there has been persistent speculation that it could emerge as a possible bidder.'
Opening offer +25% and Amazon interested? Promising... but free furlough money must end soon, so people may be buying less profitable groceries as they have to tighten belts? Happy days if you are holding, but the shares could open at around 220p and there will be little meat left for speculators. 5% dividend yield last year, so there must be some value?
Been waiting quite a while for this and other bids.
https://www.lse.co.uk/news/update-1-private-equity-firm-cd-and-r-weighs-offer-for-uk-supermarket-morrisons-rl25x7t9xfqyvv6.html