Any comments?30 Apr 2007 22:35
When I read the news just after 17:00 on this it suggested a strong buy and it appears many have beat me to it.
On the downside, Bodycote was the biggest FTSE 250 faller, down 29 pence at 296 after rejecting Swiss company Sulzer's final offer of 346-1/2 pence per share on Friday, with analysts struggling to justify the 350 pence share price at which its management values the shares.
It seems they the share holders are holding out for top price.