RE: Times Article11 Jun 2023 09:48
The trouble is you are only looking in through a tinted window and see what our eyes want us to see. MA is a shrewd man and I am sure he would have added several clauses into the terms which the board would not want to agree with. Have you seen the terms of the agreement to say with certianainty he was offering a good deal?
I would suspect there would be a large number of clauses we would not want to agree too and would only benefit MA, after all he is a business man.
In therms of 12gbp offer you are looking at the now with hindsight. Given the price was at over 60gbp, the company was not in stress and providing you saw a positive outcome why would you sell at 12gbp?
He is a billionaire and knows his chickens. He knows where this could take him. Looking at the captured audience and market share the business has who can blame him for not taking 12gbp.
Relax, read through the trading update and again, listen to the presentation and be a bit more positive...if you still can't after that ask yourself why you invested and if its still relevant.