RE: Going sideways4 Jul 2025 09:02
A bid is a real possibility as is a sale of a division. Selkirk's offer valued MP at between £400-600m, if it was worth that to them it will be worth a lot more for a larger established company. A bid would have to be worth 100 plus, this is not hype it is a realistic price. 25% of the free float being shorted has resulted in the current oversold price.
It looks like some have sold out and want a cheaper price, like MA.