RE: New KOTB25 Feb 2019 12:06
daft63,
"The only way a lowball takeover can succeed is if the market has been ignorant to the value on offer, surely?"
You just need to see what has happened to Ophir ..... and that is not even on AIM so don't have big institutions watching PI's backs.
We are way below the SP that SDX sat at pre Circle acquisition. Why is that given what SDX have achieved with these assets !
2020 will be a massive year for SDX ... cash flooding in by the bucket loads, who's cash that will end up being, who knows but this SP action is starting to paint a worrying picture atm
SP sitting at multi year low ... how can this be ?