RE: What’s happening18 Feb 2019 12:43
Might seem too good to be true but JD have obviously seen some potential here... and whilst they say no takeover plans that can still happen with agreement from the board. Unlikely at this stage...
If they get to 29.9% they will have a lot of say on how its run - even if they don't run it themselves.
They had to pay a premium as there aren't many in freefloat and no one would part with that many at a low price to make a large loss.
If it was a PI paying that Id be wary... but its JD who know their stuff in this industry... imo.