Ricardo Share Price (RCDO)

I know it's pretty obvious, but the only way the price would make sense is if another offer is considered possible.

This would be higher? And so WSP could and might increase their offer.

I have no knowledge this is happening, but somebody must have or think they have.

Lets wait and see,

or maybe sell up?

Well that has confused me. The bid is above the offer price and wont be received for months assuming it goes through. Alternate bid expected?

Could someone explain to the feeble brained, ie me?

Must take my hat off to Kozz. He put the idea into my head of buying some more RCDO just to hold and profit from when the takeover was settled, which I dismissed But then reconsidered. They were 421.16 last Wednesday to buy and for some inexplicable reason were 425.15 to sell this morning. So I decided it wasn't really worth waiting 2 or 3 months and exited with 80 quid profit. Buy a few steaks and beers wont it! Thanks matey!

Good luck Kozz. I agree that it wasn't really hanging on for! I think the announcement indicates completion of the sale in Q4, se maybe 4 months away?

I just sold my smallish stake for 53% profit, I figured the wait for 2% wasn't worth it especially given the climate with Trump. Pretty sure I'll do better elsewhere.