50/ 50 reality.23 Mar 2024 08:14
By that I mean 50p up or 50p down.
So the hope is that Ageas will raise their meagre bid substantially to allow the board to recommend an offer.
As a holder, I hope so as anything else does not bear thinking about for mist holders on here. Probably another tweak in the cash element.
Given the history, Boards are reluctant to recommend unless a madcap off, say £4+
So we are left with a further tweak, which the BoD rejects and a likely walk away by Ageas.
Plenty of adds and trims next week as this will be volatile.
An independent future may not suit everyone but many LTHs would prefer that and a steady dividend.