Bidder or not Bidder that is the question.23 Feb 2023 14:49
I think that RNS yesterday is a precursor to something bigger. I believe that RNS was an update which the company is obliged to make but to provide info for a prospective bidder. The company has put itself up for sale at the right price.
It will not be anywhere near this price. Its going to have to be for 30 pence pence plus just for PHD protein. PHD protein could be a good fit for THG who could spin it off combined with My Protein. They could pay 40 pence a share as a premium.
Great potential for multi bag here. All upside and a big jump on any offer. More for an auction. Hold on guys. Hold on. Could be less than a week away now trading has improved.