Can an acquiring company buy shares on the open market once a formal bid has been made? If they can do they need to report it? I strongly suspect that once an offer has been made that its curtains regarding buying more shares...
Can anyone advise ???
That Odey and JP have bigger ambitions than the board do? Can't see either one topping up for a small percentage gain with their cash tied up until September so with that in mind I suggest there is another player or players out there interested in making a bid. Time will tell but I think we might see a move later this week. That's why I am still buying... GLA
a long time coming, but are we on the road to recovery? My 100p target seems along way off and to be fair I sold most of my holding along time ago... GLA
"The acquisition is expected to be immediately earnings enhancing" wow and got us on the cheap!! Hope the major shareholders flex their muscles .... hmmmm
Matlot - am sure you are right if we get a counter bid, just thinking of a small upside if I buy more here. Obviously, I would prefer a larger upside lol... GLA
Bought am concerned there may well be more bad news relating to sales. Why tell us now???? Are mgt setting the scene?? Anyway too risky for me right now. GLA