Takeover8 Jan 2019 09:34
I guess anything is possible, it seems that Brandes has about 13% and investec has about 15% following the placing to raise £100m ish.
Going by the last 2 rns's the bod's have put in a turn round plan that they say is working so I guess it all depends on the next rns up-date in a few weeks to see if that is continuing, and if it is the debt will be down, the loss should be down as that was down to right downs. so maybe things could be much better and in that case the sp should start to rise and the chance of a takeover would look much better at around the 20p- 30p before the sp takes off.