RE: Dear TO Panel17 Jun 2016 12:45
jollyspeculator- the reason for delaying in making the deal could be because the offerer is trying to outwit the investors. The two major customers are deliberately withholding the payments, probably they are friends of Jamal or Bidco. The offerer is hoping they can offer low to investors now and takeover the company. When major customers pay them later, they can keep all that £14M to themselves. Just IMHO only.