RE: 320p bid and sky reporting other bids on way17 Apr 2024 17:43
King K wants the whole group and has done for so long, hes not going to give up that easily look how long hes been stake building, to get rebuffed at £3.20 means another bid will be forth coming, the way the RNS is worded they are not saying no they are inviting a better offer and Kretinsky have said they will remain in talks going forward regardless of the rebuff.
Also, dont forget what ever the offer is even if they agree it has to be agreed by the majority shareholders and put to vote, so if the majority are\will not be happy with another derisory offer it means King K will have to dig deeper to try to pursued those to say yes.
Its a game and something a lot of us have been waiting a long time for knowing it was coming, we are the start of new bull market which take many years to come around again, none of us are getting any younger and i am sure King K has this in mind as well, the time is right for this to play out in full imo and i can honestly see Kretinsky going for it this time, somewhere in the high £3s might get the win, lets see...