RE: Estimated T/O price ?3 Dec 2021 12:31
Your logic is sound /i think Ragnor, my only real concerns are whether some peoples egos and over-inflated ideas of current value get in the wway, i've always said there seems to be an out of touch expectation form the board/company that this was worth 1100 a share, in my eyes it's not, and never has been! If that mentality was to win over however, they could scupper any deal.
That said, the business plan for the near/mid term future was certainly not positioning the company to be bought out, so there is no "must sell" scenario to leverage, that said, as they say... something is only worth what someone is willing to pay for it!
This negotiation, I think, has some serious time to run before all the dust settles and an outcome is decided.
900, i'd be happy with that, but doubt i'll remain in long enough to see it, always said i'd be gone at break even, that's now, but we have reached that point not by regular means so to speak, so i'm not going to cut my nose off to spite my face and cell when this takeover news has legs to change the price