RE: Its a scandal of vulture capitalist14 Aug 2020 17:23
It's up to the bod to extract the best price and that's definitely not 60p or 90p. Floated of at£ 2.50 .The PE could easily afford £1.50 a share. That's why Albert should get a seat on the board. They know how vultures think.
The insurance side must have been piled up with cash if what some of the competitors are reporting. Its possible that the PI will be stuffed into taking a low offer of 60p when it arrives but the bods know the value is far in excess poss double. dyor
Stop loss is showing your hand to the world and the banks have a habbit of reaching the level or going below which means you get less, and then as if by magic the price rocks upto 42p
Albert bridge have 18% they should agitate to get a seat on the board. They in the FT suggest 50p is opportunistic and below their figures. Same goes for me.