RE: Takeover verses Independence13 Jan 2022 12:43
Your wording is slightly confused as we will not “make” £120m. Income may well be £120m, income is obviously not profit.
I think I understand what you are implying.
The basics are we have 16m shares in circulation and the math can be calculated from that. It is in a now very sexy growth sector so take over price is not per se similar to buying an engineering firm for example t/o 5x earnings. It will be considerably higher than that.
Good luck all and well done to the holders it’s going to continue to be a super ride. As for me I sold half my holdings sub £6 all my remainder stand me at nothing so roll on summer.