Final price will be agreed around 85-100p23 Apr 2025 08:59
The whole story is negative for a reason.
The drama has been orchestrated to flush out the weak holders leaving the IIs to do the deal and capitalise the most.
Apollo or another may still spoil the plan - five days left for the shorters to buy 35m shares, a rival bid.
Once in suspension the company has the best chance to reaching a conclusion of the audit, issue the 24 accounts, agree new head room on loan facilities, sell some assets, change the BOD.
All of which could avoid a sale to Sid or anyone else.
Hold and see the big picture