Unless JIM are going bust, which I very much doubt, it has to be a huge bargain at current sp, doesn’t it, particularly if the dividend is maintained at anything like its current level? Views?
I’d love to know the percentage mix between ii’s and mug punters like us. Ii’s will want to protect their investment, even if it means letting polx go bust and then buying the technology for next to nothing.
Should I buy some more? The current sp is a billy bargain - UNLESS they’re going to go belly up, or do a rigjts issue at a ridiculously low price.
I suppose that, rather than a takeover, some predator company in the same field might let Polx fold and then by the assets for next to nothing? Shades of Canary Wharf (on an infinitely smaller scale).