Takeover offer6 Jun 2026 23:54
Greedy management wants to grab the money for itself.
Cosy up to rich private equity company, call it Vulture Fund, to hatch the plot.
Create a distressed company by sabotaging the FAT3 test.
Vulture Fund walks in, announce a bid, buys CPH2, with patents, employees and everything.
Let us say the company is worth 70p, if the FAT3 had passed.
How much would Vulture Fund offer existing shareholders?
1p?
2p?
5p?
10p?
If they offer too little, long term shareholders who bought in at 40p+ could make trouble by calling foul, and insist on a fraud investigation.
What if Vulture Fund offers say, 15p+ , to save themselves an investigation?
Six month later, MFE220 V2.0 passes FAT3, and they can sell CPH2 for 70p,
making 55p. They will have to stump up a big fat bribe for the management, and some shut up money for the engineers.
I think BBC Panorama might want to know.
Channel 4 Dispatches?
Sunday Times?
Tell FCA? That will make sure nobody is charged. π’