I do agree that opportunistic bids are the greatest danger that is why I thought ABM should have struggled on as they were earning 6.4p per share very recently.GL.
I agree with you,I think the price was too much so they walked away. As riddler said they bought a Co for £1.I would like to buy ABM for a pound or any Co for £1.Any offers?lol.gl.
I am an old hand but I bought on 23rd but was in too much of a hurry to go out but as the IMAC SP dropped 10p I think we missed it but it is possible that close of day was EX.I am still holding mine & IMAC SP is creeping back up.GL.
Thanks for that.I was in a hurry to go Xmas shopping and did not know why IMAC fell 50% but I looked later & EX day was unclear but I think you are right because the SP fell.GL.
NAV for IMAC is 18.64p mostly in cash (more than 14p cash) so less than 5p per share invested so not so much profit in future unless IMAC have something in mind hence large cash holding So I am thinking hold for now.GL.