RE: HRnet take over2 Jun 2020 15:40
I think HRN picked up most of their 29% after the placing last year, probably from some of the placees and paying 180p.
I believe they have until July to have another go at 180p but if they don't then they may come in after at a lower figure. But others may also want to make an offer then so it will be interesting to see if HRN pay 180p to secure the company or take a chance, allow the time frame to lapse and then make a reduced offer. Could be interesting as STAF is a massive business and only has a MC of about £20m.