RE: NO interest here for investors!24 Mar 2020 13:54
When PMG bought Pitreadie land for the renewables arm which I was not happy about being a related transaction, Cross and associates owned 26.25 % of the enlarged equity therefore a hostile bid became impossible. As a result of the transaction Cross and the directors of Pitreadie legally became a concert party so any other shareholders would have to be offered the same terms (in excess of 50p.) which is some comfort. As Davde posts, why would he. Care to elaborate.
GLA.