Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
That job is largely done now and the company is being run more like a traditional business. Anyone buying this shortcuts the years and years of planning and capital investment to get to this size and scale. This is an absolute bargain and that’s why people are sniffing all over it at these prices. They will have to be quick though if they want this for 800p. And that would be a bargain imo.
Https://www.retailgazette.co.uk/blog/2023/06/asos-takeover-bid/
Suspect they tried to squash the offer. Seems to me like literally suitors are crawling all over Asos at this price. The ceo has probably not handled this well and potentially has not made disclosures that he should have done - for whatever reason. Mike knows now what’s going on. I think there’s potentially 5 suitors here and don’t rule out Apollo piling in. This will get hot. Now is the time to grab this but it won’t go super cheap. Too much interest.