RE: Takeover approaches7 Aug 2019 19:45
Hi Barchild,
Yes I agree with the bidders not being holders, then they can bid what they like.
Bill Russell and Karen Slatford recently purchased around £187K of shares between them, £8.45-8.62, I just can't see two members of the board selling or recommending the company to be sold at their loss.
Obviously, they will be wanting to sell as high as possible and are using the take over code as a bargaining chip, to raise any offer made.
We shall see.
Exciting times ahead here