We are talking here about a share that has been shorted to death that has fallen from highs of around £7.50. It has invested in growth for the last few years. £2.20 is a low ball offer in my opinion
You would normally suspect an offer around the price it’s held at but seeing as moulding knocked back £1.70 last year I think it’s still all to play for. There’s a tight lid on this I think. Moulding reputation in the markets is hanging by a thread, not that he’ll care much .
Moulding is no fan of the markets, I’d like to see him announce the offer after close so they burn big style on opening, mind you as I’ve posted it’s all bent as a whippets leg
Market makers, high wealth people and firms are all corrupt just like the Tory govt. if us some retail investors were caught offside we’d be toast by now but the city is looking after its own. This is what has been peeing Matt moulding off
Just as those of us who want a high take over price post positive stuff the opposite is true for the buyers whoever they are and their cohorts. Negative articles or low valuations are all part of the game. It’s not the value now but in say 5 years that counts. Every business spends loads and carries debt to get established and grow, we are just at the end of the process and starting to become more profitable, Moulding won’t let this go now without a fight.