RE: How long before offer period ends ??8 May 2025 16:05
"Agree Surin, why would WG accept first offer, never happens in negotiations, first offer shows intent'
We don't know if it was the first offer . I would not be surprised if there were a previous offer that was higher but the rns which was the nail in the coffin could have put paid to that.
However what we do know is that the bod have accepted it..hence the recommendation to take ..unfortunately .
Tbh if they had released the rns saying it was a proposition and said no more. It would have supported the 35p price.
I guess that is what they didn't want..as people would not have sold lower.
So they got us used to that being the max offer and the subsequent destruction of sp
With the suspension coming
If you want a text book on how to not support SP and shareholders..then just read wood rns