RE: MCAP should be £70 Million and SP should be at 2.5p ...18 May 2023 10:17
Perfect opportunity for a MBO and take it private. They don't even want to divest, as they want to keep it for their new company. They will say they couldn't get a deal done and they have run out of money so the MBO offer of say 50%-100% premium is the best offer available and the board steer is to accept the offer. I don't think they would let it go bust as that would complicate things too much rgds credibility with clients etc .