After 16:30 or Monday morning16 Feb 2024 08:28
Be interesting to see what the price action does today.
After the bell today JD and partners can acquire for circa £32m less at £0.79 per share as opposed to £1.11.
I know there is lots of talk of even at £200m it's less than half price according to analyst valuations. However, it's a business in distress and is not imho worth £200m. Needs a lot of work and time. £79m purchase means JD can keep to his no CVA morals and give financing partners a chance at a good return.
Good luck all.