DCC Share Price (DCC)

Energy is going to be a huge battleground over the next 18 months , these guys have been very lucky and positioned themselves well !!

I wouldn’t be surprised if other bidders showed their hands in the next couple of weeks.

Initially it looked like the market was discounting the likelihood of a follow up bid when the SP started to move back towards the pre-bid price. Right now it's still not fully convinced but a bit more optimistic - it will probably sit in this wait and see price range until there is some certainty.

From AI:

To be successful, a new bid for DCC would likely need to be in the 6,500p to 7,500p range. Since the board "unanimously and unequivocally" rejected 5,800p, analysts believe the following price points and factors will determine the next steps:Estimated Success ThresholdsThe "Analyst Floor" (6,100p – 6,500p): Several analysts, including those from Jefferies and RBC Capital Markets, have set price targets in this range. A bid here might start serious negotiations but may still be seen as low.The "Fair Value" Target (7,070p+): Analysts from Cantor Fitzgerald Ireland maintain a price target of 7,070p, suggesting that anything below this does not fully account for DCC's "pure-play" energy future.The "Takeover Premium" (7,500p+): Historical data for 2026 shows that successful UK takeovers have averaged a 39% premium. Applying this to DCC’s pre-bid price of roughly 5,380p would put a "market-standard" successful bid around 7,500p.

There’s chancing your arm and there’s chancing your arm-but such a low premium for a ftse 100 company-they’re having a laugh. I expect them to be back but starting at such a low offer not sure it will gain any traction.

Market had the initial bid figured by yesterday afternoon. Let's see if there's a follow up bid. Don't think they will let it go until at least £65+