LE price19 Sep 2019 05:55
Good morning all. I am a very infrequent poster but often check in to see if there is any progress.
As we all await the LE, we all wonder , if it happens, at what would the price be. In theory , it could be anywhere, and down to where a buyer values the assets, and what they are prepared to pay for them. Do you think it possible that offers have been made, but at levels where JP would look foolish in accepting ? The much hoped for 50p/100p band would satisfy most PI's, especially bearing in mind where the SP languishes , but what if an offer had been made at say 25p or even 15p? JP would have to turn it down as his credibility would be forever questioned, but I am sure there are many here who would jump at it, and be extremely grateful for a lesser loss/ less than expected profit/ and closure. Does SOU have to tell SH of any offers ? Sorry to ask maybe a rudimentary question, but I have pondered this for some time