RE: Is it good18 Sep 2023 13:13
Hi david, that is a very interesting point.
OK so we get the 16.7p special divi for the deal but if that leaves say 50% of the current business value surely the SP would drop to say 9p-10p . I guess long term that business could grow or declne the SP
So maybe we are looking at a total value of say 26p.
Can't see any timings for the deal or any vote can you.
If Hedin really want this business surely they would come back with a takeover deal of say 30p-35p now to stop this deal in it's tracks, and then maybe they could sell off parts they didn't want.