Given DX is on accelerated growth am very VERY puzzled by the lack of at least one competitor- so far... Very puzzled...What is it HIG sees that the others don't or can't see?... That's the big mystery
Why would HIG not make the formal offer yet? I think they know the value of the company is going up and can only go up so their no-offer-yet seems to make no sense.. Do they want DX or not?... If not they would have already walked off... . so, in my book, it is very unlikely this further extension/ delay to offer has anything to do with due diligence... I suspect Gatemore or Lloyd or both have reviewed their initial recommendation. Basically I think they want more and they are busily negotiating about it
Now is the right time for board to tell HIG to either up their offer over 60p or walk... Lloyd and Gatemore surely will realize the share will be above 50p after the Xmas boom.
You right Ports, I don't know about you - but why would I want to?... People invests for all sorts of reasons, it's their business and good luck to them all. My target sp it's my only concern. In my own view no investor deserves less than that and we've been dragged into a possible under-offer. If they're happy with lower than that they're 'financial' mugs and out to grab whatever they can or just happy to get whatever is given to them for whatever their reasons might be. These terms aren't in anyway personal or individual- they are 'financial' expressions only. I call myself a mug anytime I am forced to sell below my tp whether in gain or loss
thanks for your view about dilution... I agree totally with you... I guess you are a very LTH... My problem - and likely of a few others' too - is that being a mid time holder I might not have enough time to ride out a dilution - good or bad!... That's why I am particularly worried about it