RE: c s p13 Jul 2022 11:15
This company baffles me, ceo now chair gone, being on some positive news!!!
may be a completely unrelated matter matter for the chair to resign, maybe a better opportunity elsewhere has come up for him or he’s fallen out with the American investors who have been pushing for a break up / sale.
The falling sp is not a massive surprise in recent weeks as it will take some time, probably quite a few month, for the sale process to be conducted and actually completed, and in the meantime there are various risks the the economy/housing market, both known and unknown.
Assuming no major downturns in housing, the sp has surely got to get to at least the 290p mark offered by Incap recently, possible more as others were interested as well…