RE: Edison note22 Mar 2022 08:00
I’m not so sure.
If Samsung are aware of the scale of potential liabilities (and further global reputation damage),which no doubt they are,then there may well be settlement/acquisition.It’s just a question of numbers of course.
What if they offered £500m to acquire us immediately rather than force us thru appeals and enforcement of award payment of say £800m?
That would be highly appealing to a lot of holders looking to see fruition of their investments rather than have this rumble on and on.
An equivalent SP of £1.50ish will allow me to retire at 55(in 2years time).I guess everyone’s got their level of expectation and timescale.I understand and respect that others will see this completely differently and would be resistant to a takeover….but my warning would be don’t cut off your nose to spite your face.We all despise Samsung for what they have done but if they come with an open chequebook then let them come.
After holding here for many years I’d like a conclusion even if it doesn’t FULLY reflect the cost of the damage inflicted on us by Samsung.