Everyone is adamant on here that there is going to be a takeover bid, but I'm more worried that the moment Mr 10% stops buying, this will go down the toilet. The shorters have continued to increase their positions and are just waiting until he stops. I'm still long but feel the situation is more precarious than people make are making out. Let's hope he does have ambitions to own 20-29%. At least this bides our time until a new CEO is appointed.
The Times article was just doing the classic journalist thing of giving a few peoples views and then provide a contrarian third. They have no more of an idea than us.
BlackRock Institutional Trust Company, National Association 0.73% 0.11% 20 Jan 2020 Key Group Holdings (Cayman), Ltd. 1.21% 0.22% 23 Jan 2020 ODEY ASSET MANAGEMENT LLP 0.87% 0.48% 23 Jan 2020 Total 2.81%