Spire Healthcare Share Price (SPI)

My thinking too. Re shorters Have seen some AT shenanigans in the last few weeks but there is a big buyer behind the market that’s been driving the action. It may be relatively small exposure but could prove challenging to close out without driving the SP considerably higher esp given the early recovery stage in the cycle. Few that have down averaged will be willing to release shares on the cheap.

I can't see an offer less than £2.00 as they previously rejected a 315p cash/share offer but you never know...
I wonder what Connor, Clark will do with their short position which is circa 0.7%. I would say they would be in a bit of a precarious position if they held on especially if Brexit goes through. IMHO

Agree they’re extremely vulnerable right now. The depressed SP is exactly where an acquirer would want it. Don’t think a successful offer would need to be over £2 either!

Spotted those chunky trades earlier today. I wonder.

I suppose if the Brexit deal goes ahead it's only a matter of time before we get a takeover offer here. I would of thought Mediclinic would be the prime candidate as S.A Government have expressed their concerns over the three largest healthcare providers having too much exposure in S.A so there is little room for expansion there. Also their Swiss operations appear to be improving so this may give them impetus to have a crack at Spire while their share price is greatly undervalued. I would have thought £2.00 plus is achievable and would still be £1.60 cheaper than the 30% they picked up at £3.60. Should be interesting here over the coming months...

Oh, just looked futher lots and lots of sells at 12:12. But as you say the shares price withstood, maybe mm's have a big order to fill, the market is a strange place. I wonder if someone with level two could throw some light on it?