RE: Valuation vs Forces5 Nov 2021 13:53
Papu metro balance s borrowing is quite a bit. You need to factor that in when TO. Interest rate will go up and banks will make a mint next year onwards hence why banks are going up and Americans would buy metro and make money off.
Anything below £3 is a disgrace but unfortunately if board and governors want to make money they will have to sell. 100% there will more bidders, at least a financial institution will see this as an opportunity
180-200p is reasonable target from knowing the minimum. And it the most conservative deal. Absolute worst case. Many boards and ii’s are in much higher value of 500p a share. So they will be happy to see some money back and a closure to their investment alike