RE: Telegraph Article9 Oct 2022 10:18
I can’t see bids being less than 15p. I don’t think the board and biggest shareholders would accept such a low offer. What they want ideally l, is a for there to be a couple of serious bidders that are made aware through the process of the other interested parties and a bidding war of sorts takes place. Obviously these companies will have a low ball offer initiated, a median offer where they would like to buy the business and an upper end offer that wound still be financially viable for them. As many posts here have mentioned, the economies of scalability, will naturally created value to their eco siting business and to Made. Whilst I would love to see offers of 50p+ honestly, my gut is saying the offers will be in the 15-20p range.