1. Speculation of serco acquiring cpi is random dream for certain investors. The timing of Serco releasing statement is reassure serco investors and probably not to initiate takeover ideas people here thinks
2. ESS bid is a blow for the business, what they expected and what it got offered affects cpi time scale of being debt free
3. No deal brexit has a negative impact on businesses
4. Covid is expected to hit many business massively because at the minute, its out of control
I think people expect it too grow massive suddenly. I think because on current situation to date. There's a miss match between revenue and market cap but over several years, it may grow
Shardster, my views are that, he coulda sold less of his stake to pay cost if he knew share was rising , why would he reduce his stake if he could avoid waited a week