JD could take 29.9%. then they might just wait out until the 12 month highest price paid was the 60--75p range and then do the takeover bid. at that point who knows Sports Direct might jump in. ALL SPECULATION BUT YOU NEVER KNOW.
it's like Faze said. any offer right now would have to be over £2 . cuz last 12 months highest paid price. I doubt jd will pay that. they 'll probably sit through this and maybe 60p plus. who knows