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Seems to me the press (we know who’s controlling that) are trying to keep a lid on the offer price to stop more people piling in next week, trying to keep the risk/reward gap as small as possible. Do you really think £2.50 would be acceptable to the board. If the stories said minimum of £4.00 for example there would be even more buying pressure. The shorts are fighting hard to control as much as they can, they obviously don’t want higher figures banded about.
Why not SP. If they are chums you can only imagine the conversations. Im sure I’ve read they’ve been on holiday together, and the times article states the MM interview was done at candy’s Cotswold home didn’t it?
Re. Candy
I agree I was underwhelmed it, but you have to ask why his interest has been disclosed. The fact he is a friend of MM has we wondering. This has to be purely tactical, but to what end and how does it serve MM? It’s been done to help MM and the strategy moving forward. I too firmly believe he wants to take it private, can Candy take a stake with the existing holders?
With a quick look at their post history it’s so transparent what their agenda is. It’s comical these creatures are sent on here by their paymasters and expect LTH to sell based on their ‘impartial, friendly warnings’.
Would be fun to hear theories on what transpired today.
Just seems to be utter chaos, we are just along for the ride. I did buy more at 112p with my Lloyds divi though - I need help!