BUY OUT PERSPECTIVE16 Jul 2013 22:16
If you were offered 20p a share now, by PMO/RKH would you take it or leave it?
Put it this way, when PMO bought out EO they offered a reasonable premium to the sp at the time - but nothing spectacular (like the idea of buying DES for 80p say). EO were an awful lot lower than they had been only a few months before. PMO scooped them up on the cheap IMHO, considering what they were getting.
Likewise DES, they don't seem in the best of bargaining positions, and not too many suitors around these days. So if 20p were offered tomorrow by PMO/RKH would you grumble but take it ? Or 'definitely not' - and why ?
Realistic / factual answers anyone? Am curious. PS I have holdings of PMO, RKH and DES.
Big Chef.