RE: UPL 3p company rejects 14p24 Oct 2023 08:20
UPL could well pull back a lot over the next few days, charts do like to fill those gaps
and it is of course still speculation an offer may not ever come. I'd be very wary of buying in but certainly interesting to watch
if it does pull back under 3.5p, maybe it would be worth a small punt as it gets closer to the offer deadline - most offers tend to come in at the 11th hour. The closer to that deadline without any news, the more likely pull back imho as people get twitchy and sell at that point it could be worth a speculative punt as there will be less downside risk