Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Its being reported that it was shareholder pressure about being overstretched that brought the curtain down on any possible allergan bid
The takeda deal isnt for me so if theres not going to be another more realistic buyer id rather shire got on with business.
The big question needing answered is why the sudden change of heart .
Thats bad news . Unless a deal is being made elsewhere.
Will depend on what if any news comes out . Imo theyll be more than 2 parties interested and this could last a while. Bids over 50 being talked about but lets just wait and see .
Any price mentioned?
He was definitely told the info on other bidders through his ear piece mid sentence.
Things are heating up now :)
Cnbc host presenter has just said he knows of 1-2 other companies who wish to buy shire
Pinch of salt comes to mind
Glad to hear that .
:)))) , well said . Surely theres going to be a rival bid though ??
Just an opinion but I think shire will be worth far more in 2-3 yrs when debt paid down .
Dont rule out a bigger boy coming in now .
Reports are the price drop today was due to takeda and shire being at an impasse over price.
Perhaps something has leaked?? Or the banks have said no ?? Or the takeda board have spoken ?? Or maybe a rival bid has been ruled out ?? :)))
Everything you say is correct but Takeda arent just learning all this now . Imo there is a strong argument either way . Time will tell
I agree . If one of the big boys dont come sniffing then the s/p will drop 15-20% imo . I'll be surprised if a bid isnt made though which could trigger a rival offer . Even if nothing happens this time I dont expect shp to be around in 2yr.
Like a stone today . Was hopeful things were starting to settle down .
Bed time