RE: Intrinsic Value27 Mar 2025 18:22
The thing about the Deloitte review is that is historic understanding of why costs didn't align, so all that will do is square some accounting, the good thing is it will provide an understanding of how to improve and resolve core issues moving forward. So I suspect the Deloitte report will just add to the upper range of a take over offer, and secondly it will give Rothschild's what they need for sign off on loan facilities. So realistically we could see a strong offer of 250 by Sidara over what the intrinsic value at the moment might be to get major shareholder vote for takeover. Sidara want to move fast, considering they are back at the table it shows that their takeover approach has actually spanned more than a year and they will want Wood now rather than it dragging on.