Why rush, decision required end of month18 Oct 2020 17:16
I'm surprised that people on here are constantly asking why a deal hasn't been announced yet? A decision does not need to be announced until the end of the month, so why wouldn't you not take and use the available time before playing your hand? Its called negotiation, and its how a business works, certainly when we are talking this amount of money.. A deal will be announced by the end of the agreed period, it makes no sense to play any cards early.
The only thing holding this back is the loan book that makes great income, and the fact it was dropping pre - corvid. Its just not understood, many investors see it as a huge debt, but results should start to swing concerns..
If it doesn't get a PE deal it's only quick profit traders that will be disappointed, buy some more on the drop and hold for the re financing of debt. When they re finance this will be 75p with no debt and making huge amounts of money.... Come on guys, this game isn't just about today, or tomorrow...