Sure is, I have no idea how this will play out. I don’t think Joules are as desperate as is being made out. Could be a while before anything official. Wonder if this May flush out another suitor? Assume this will be a placing at a premium? Thoughts?
Sorry should say ‘ plenty of news to come, new share buyer, new CEO. If the CEO is a big hitter then that will give a good boost, even more so if he / she buys shares.
I wonder who has had a sniff around when they thought the company was in distress? I think we may here more about this at some point. Company is now in a stronger position to defend any low ball offer.
Correct, more headroom from a mainstream lender is great news. Trading hasn’t deteriorated more, new blood at the helm soon. Should recover somewhat now.