RE: No RNS2 Aug 2019 09:49
yrabsmurruc - yes but PF stepped over the line to inform shareholders about the potential deal just before the AGM(!) where normally he would respect the need for privacy of negotiations. So there is nothing to hide away from now, and conversely there is every reason to keep shareholders properly and regularly informed. If the deal is going wrong then we might as well be told now, as it will save credibility. If there is a log jam in being able to settle this in a matter of days then we should also know this too. The expectation was 30-40 days, and so rightly in my view the market is now viewing the deal as dead in the water.