RE: Awaiting the RNS.....19 Dec 2023 10:09
Robswire - The company made the announcement based on the leak - the decision will have been made or heavility influenced by 'The Takeover Panel' so the company had no choice.
We agree that the £40m valuation is spurious - I don't think the the majority shareholders would agree that £40m is a fair value for MMAG
BT were interested, perhaps they still are, maybe they are not.
"possible deal “reflects the burgeoning market for second-hand devices”, with CCS Insight estimating that nearly a third (32%) of all mobile phone shipments will be second-hand by 2027.
“This industry trend is due to several factors, including the increasing residual value of smartphones, widespread trade-in schemes, greater availability of refurbished phones, cost-of-living concerns and environmental considerations,”
1 year ago, a global investor was stake building through Schroders - what are they thinking?
Northern Entities...What are they thinking, perhaps they feel like building on their 15%
I dont't think we'll see much more selling now - The IIs will be in Xmas break mode and will have done their book balancing for year end.