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Typically, the mega-merger deal playbook goes like this. An initial offer is rejected. The suitor returns with a higher bid, which may also be turned down. Sometimes, other bidders throw their hats into the ring, a final offer wins through, or the deal gets shot down and the target’s share price dives.
With Elliot accumulating, the biblical propecy seems apt.
Good results, nice divi and buyback. Shame about powder impairment, did not see that coming.
Robust trade sanctions for cheap, Chinese leccy cars announced today sounds good for DWL. Full year results next Thursday.
New ISA season coming up and guess which high Street bank has virtually no exposure to upcoming car finance scandal affecting Lloyds 2.5bl, Santander 1bl, Barclays 350ml and Close Bros 250ml. Yet another sp driver...
Just spoken to mystic meg and the man down the pub. HM Gov will sell at massive discount with no strings. Existing holders to get higher allotment (not hill farm) from over subscription. Not sure how that will work...
Scurrilous rags brazenly reporting that Hunt will flog 20% of bank worth 3-4bill at min 10% discount. Bank will then buy 5% a year for next 3 years. Target audience are PIs with 300bill held in cash ISAs and other savings accounts. M&C Scratchy doing advertising campaign, Computashare registrar doing admin, H Lowdown and Ding Dong marketing to PIs. Find out more next Wednesday (budget).
****bladder has article in dm saying that woodsmith is the future. city disagrees. sees it as an expensive vanity project paying for innumerable environmental permits. first production 2027 today, 2019 when sirius owned it. cost seriously in excess of 10bill. time to dump it imo