RE: Low takeover offer - gun to shareholders heads22 Jul 2022 13:10
I would not hold out any hope here that a white knight will come to the rescue. The deal is already done. Without a higher level of stock market scrutiny, the company can go back to its old ways of promoting Royalty rubbish and investment items maybe turn profitable that way. Anyway, it really is a reflection of the stamp market and the fact now numbers of collectors (and dealers) are falling away rapidly now. That is not to say there are interesting areas such as Asia which are still big, but lack of material to supply these markets is hampering. I am sure SG will continue in some form, but maybe Baldwin's will now be sold off as we have postulated in the past on here. I am still a buyer in SG Auctions, so please don't bid on those lots!
I wish everyone good health especially Pearls and Devon. Until we meet again...as they say.
Carpe