RE: Offer16 Dec 2025 21:18
I think PS' view is correct, without a formal Chinese bid after what has transpired this week, what with all the major players showing their hands, we will be in limbo. And not a limbo we want to be in. Because without another bid the only way is back down.
With the current situation we either draw out a reluctant suitor or we take the 28p.
It's not nice but like giving birth it can be painful and there's no alternative.
We were never going to production, that was always a ruse, the reason we've had an approach from JCC is because the SP is at the right level considering the rise over the last few months and they see an opportunity to get it on the cheap whilst quite a few holders will be enjoying a decent profit, me included.