RE: OFFER PRICE6 Feb 2022 14:56
hosai I didn't say they would accept £3 simply pointing out that the PE company could offer £1, £2, £10 or just 50p as they are not bound by the 30% rule unless softbank are playing with them.
At the end of the day 70% of share holders need to vote for it. Look at the major share holders and who has stakes at what level and history ie mm turning down billions previously, softbank taking a big stake and options at high levels as well. Then us PIs lucky enough to be "bottom fishing for squid to chop up and fry". If SB are involved they may not accept the price and then in 6 months turn around and say actually lets make another offer after the minimum mandatory has delayed. SB wont want to throw money into a deal when they can just wait and get it lower later just because they waited.
Also who did black rock sell the 50% to the other day? gotta say there is a lot of "game theory" in this share. More twists than game of thrones!