RE: Drachs ??10 Jun 2025 21:19
Either way, would expect even a low ball bid to be higher than current sp. So cant lose but the bigger bags is what most take the risk for. Let's not worry too much about what may happen and hope the BoD stay on the level. 30% and above holding makes a bid mandatory, I believe and the offer cannot be less than the highest price paid in last 12mths, which is why the static SP, whilst stakebuilding by Drachs is a bit disconcerting. Concert parties normally control the SP imo.