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To guess how the share will react is speculation, looking at previous tho if its an outright buy it will be rerated to under 5% of the bid
However theres every chance it will be more complex, perhaps involving dividends, only selling assets, maybe even shares in a company given at a reduced rate all of which become increasingly hard to work out a true value.
A good instance of this is attis oil since offer its fluctuated massively as people struggle to value it.
So we are non the wiser
I must add i find it ever more intriguing that NN have not RNS’ed the decision from meeting makes me think that perhaps news is closer than we think! I cant think of many reasons to delay it if it was just to say “resolution passed”
“ IF the eua sale was on the NN agenda (and agreed!) how long to prepare an RNS for release to shareholders?”
How longs a piece of string?
It could already be prepared and being announced today, or more likely there will be more discussions having passed it and contracts signed etc and a couple week wait
Its exactly what would be expected due to NDA’s
Now find me an asset thats for sale, at this time frame, that NN would have a meeting to buy, that nn would have signed an NDA with thats not eurasia....