RE: lucky if we get 5p but no more31 Mar 2019 15:37
daniel.f,
Odey LF funds were holding 3.64% and Odey Asset Management 5.23% on the 26th March.
JPM recently have acquired over 5% of the voting rights.
When added to Mikes stake they have a great deal of control. In my view the 5p per share offer is to secure the support of the other Institutional stock holders. Like Brandes ( 7.9%) for example so surely Mike and friends already have voting control here.