I think the point of the discussion is more about bantering around the possibilities on the potentially very near horizon.
There will be a good number of investors now into this at 50p a share or below. 6 times your money on a payout for a short-term investment, there aren't many people would turn that down....
I'd love to see a division sold so MM can fulfill his vision with ingenuity etc and I'll stick with the share for that ride. But a pay out at x times my investment for an MBO? Yeah, I'm really not sad about that at all.
Albeit the long term SP potential vastly outweighs the likely MBO price which is a little bit of a shame.
It's not "rampy" as you say. It's just a discussion.
But surely at the 30p level, most of the big investors would have turned him down If he threw in a low bid as their avg would probably have been higher than the offer. Also he couldn't really do that when he flat refused a 1.70 bid and openly stated that it massively undervalued the business.
Personally, from rumours touted here, I'm wondering if that 1.70 bid has been worked over the last 6 months possibly for a division?
Or he has been able to raise the capital through/with QIA to offer an un-refusable bid at this current level.
Take the company that was IPO'd at 5bn back for 3bn after huge investment and growth then re list in a few years or possibly split the divisions and list separately?
He has so many options and as many have said on here, he is "Mr deal maker". Who knows what he will pull out of the hat?
Hoping for a better finish to the week but we are all still well up from the lows of a month or so ago.
Although I had a chuckle at the replies, I was hoping for possibly more informative replies.
I wasn't sure if there was any technical analysis of the trades etc that showed positive for tomorrow. I know there's some knowledgeable and technical people on here.
I sold all my other holdings, which were mostly in the red, some of them by quite a high percentage, and left only THG and AML. This move has paid off very well really.
Also a further big cash injection into THG has made a huge swing in the fortunes of my portfolio.
33% down to 30+% up.
I took some profit from THG and added into AML which doubled my holdings in Aston at 90p which now has resulted in me being in the blue. Things are looking pretty rosy for the 2 (in terms of SP) at the minute.
Here's hoping for more of the same in the run up to Xmas.
All I can say is that I'm very glad I stuck with it. What a day.
Surely some leaked info somewhere? Or Geely or Merc loading up on shares? Maybe both?
Saudi deal for guaranteed car sales?
What a ride since doubling my stake at 90p. Its been like a rocket since.
Fingers crossed for more...