RE: I think EUA will stay within the 28 days, despite the waive21 Jul 2020 09:16
The chances of a deal are much more than people realise. There's people interested in mt and the whole company. The rns appeared to indicate multiple people interested. If we only had one then yes its risky and could fall through. With a number interested there's more chance of one being accepted. Also first few bids we'd likely reject and ask for higher amounts for mt or company.
I emailed cathy in regards to why they had another placing so soon after last one.
Below is her response.... This was already announced a while back and is now closing. It is to pay for all the suppliers like me, directors, staff and management, who have not been paid since last year but have supported the company nonetheless. He already owns a lot of shares! Cathy
RE: 56p rejection by bod takeover rumour - is it just a rumour?19 Jul 2020 16:20
If that's the case... sp is likely to rapidly rerate this week to the 50p level. We will likely do 100 percenter tomorrow or will rapidly increase this week to bid level
The offer may be for mt and in which case flanks not an issue. However flanks looked more of a formality and prob due very soon... so the buyer if for all the company will be aware of this. We all going to be mega rich soon