RE: A little recent history.26 Feb 2025 20:30
I cannot believe that some posters here do not believe that Sidara will make an official offer for WG. They are clearly interested, as last years offer shows. I have no doubt that the powers that be, have done their due diligence after the recent RNS's from WG. Will it be over 200p? I doubt it.
But, IMO, Sidara will make a low offer, which will be rejected. They will then make another offer, which will be put to the shareholders with a recommendation to accept. 60p rejected and 90p recommended.
Just my opinion at the current price, based on other so called "distressed" companies that have been under offer.