RE: Maybe Sooner29 Jul 2020 17:45
Oh well, bang goes the aspirations of those of us looking for one billion, including AM.
Who said anything RBBe, about making a bid of 10p? Two years ago AM was quoted as saying that if Melody were a West Coast company they would be valued at a billion.
In the event of a take out it wouldn't be a simple matter of offering Melody the share price value. There will have been talks behind the scenes (maybe there already have been). The shares would most likely be suspended, options and warrants (presumably) exercised , and the deal completed at whatever is has been agreed at. A little more than 10p I would say.