My tuppence22 Apr 2020 19:43
Don't think I've posted on the ESL thread here before, have posted a little on the 'other site' though. Fwiw I took a holding on the day it relisted at 5.2p. I haven't sold any, I haven't added. The way I see it,the Wincanton RNS is referring to costs incurred in their original due diligence. However the wording does leave it open to it being an ongoing aim for them to take over ESL. They refer to it as a possible takeover, suggesting it's still going through the DD. If it was off the cards, I imagine it would have been described as failed or unsuccessful, perhaps even attempted. However, I have been wrong before and I will be again. Regardless of the possibility of a takeover, I will hold on for the share price to reflect true value. This isn't an AIM pre-revenue dream merchant, this is a real business thriving in a time where others are closing their doors.