RE: CPI TO SKYROCKET BY 200% - 500 million pounds deal for ESS22 Jun 2020 19:40
New poster so be kind. A couple of points ...
ESS is actually a business unit within Software and not actually the whole division, but it is strong cash and profit generating so an interesting choice to get rid off.
Hence I expect at auction it will fetch in excess of the reserve of £500m, maybe £700m.
I actually brought these share last month at prices between 30 and 35p.
Do people think that the value of the share could get back up towards the pre COVID value of around 180p pretty quickly??