RE: Take over bid entirely possible -- but they'd need to hurry26 Feb 2021 23:24
I was in Premier Foods for 10 years and sold out when it crashed, but it rose to 5 times its value with 6 months subsequently. It only rose because of the strong demand for its products during lockdown and would have gone nowhere without the lockdown.
I hate to say it but Warburg Pincus never made a formal bid for it, just hope we don't get the same thing with CD & R. Very suspicious why it is not rocketing, my concern is it will rocket, but from a low way below what it is now. It is bizare how it ever went below 15p, when so many other stocks of companies that are closed never went so low, but have in some cases risen 5 or even 6 times higher.