RE: Time for MA to bid now1 Nov 2024 10:35
Obviously the board will now be urging shareholders to vote against the resolutions to instal Mike Ashley as the CEO. Going to be a battle by board and Ashley to convince shareholders. I cannot see the board winning but they must be confident. Its a slap in the face for Mike Ashely. He could now very easily go hostile and that would put to bed the boards choice for CEO.
Now what price could Frazers be willing to pay for the whole Shebang? Make an offer and if accepted he automatically becomes the CEO.
55 pence or there about? But an initial offer of 40 - 45P How bad does he want to become CEO?