RE: increased offer £1.609 Jan 2019 07:46
DNO has around 43.8% of the FPM ... BUT it's buying & buying so that figure is increasing daily... I sadly see that once it is over 50%, institutions will sell as the liquidity dries up ...
Even at this amount and a rejection by FPM, FPM will have to allow DNO on the Board.
160 pps is not great but if you bought at 75 - 90pps, it's very tempting.
-- BB --