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I agree with both replies but as DD has been completed as previously published in RNS last year a potential sale would have been based on the valuations in the reports however complicated, so why not publish them unless there is a hitch, good or bad??
Thank you Bumble for your reply I understand how the shares price is ascertained but my logic if all the chats are to be believed that this is potentially more than an even money shot, so why aren't the shares valuable based on the buy out and being chased to be bought hence pushing the price up, that I don't understand?
What I cannot understand and I have a few hundred thousand shares, is the value of the share price based on the proposed outcome, I am a betting man and I would take evens on the share price as a good return, but I I would buy all my shares again if I thought I could double my stake, who wouldn't? I often read it could possibly be as much as 100/1 shot so why is the SP so stagnant of late with the knowledge of the proposed potential buy out I don't follow the logic?