“unsubstantiated rumours that BAE is considering a buyout with standard 30% premium.
Political situation remains delicate- still lots of FFS contract details to come too.
But I think 30p by Friday close is my best prediction.
Not financial advice- do your own research.“
That’s the tweet, presuming it means 30% of a price many multiples of the current price or as shareholders we would be getting robbed blind bearing in mind the potential here, I would be satisfied with somewhere in the £2-£3 region, BAE would be getting an amazing deal at that sort of price point.
£1 within 2 weeks seems very fair all things considered, the guy who reported that BW was on site yesterday now stating that BAE may well be interested in making a takeover offer? Would make sense to be fair so let’s see!
RE: Presumably RNS tomorrow morning confirming todays16 Nov 2022 18:41
Correction, my bad, figure not been confirmed as yet, sure I read 900 mill somewhere, could have even daydreamed that figure, that cannot be ruled out! Lol