RE: £3.75 offer29 Jan 2021 19:06
have to agree there, how do they work the massive p/e out here?? seems massively overvalued on paper and will be interesting to see when this trades how much stock will be sold straight away ( into the herd) at this high valuation . be interesting to see if this ends up another disaster like the aston martin crazy share price valuation that soon fell to bits. on the other hand nothing surprises me these days regarding valuations and wouldn't surprise me if the herd gushed all over this next week. seems like stable boring ftse100 companies that make steady profits and pay steady dividends and have pe's around 10 are of no interest to anyone these days