Or, Yuri.F, a convenient point for our two 'new' affluent Directors to implement their own plans to set it up afresh and, no doubt, persuade some Lord Spatsor other to be the new Chair and spread it with his veneer of respectability! Only time will tell.
...in July,so without a whip-round, they cannot afford 2XRNS money, so the expected (!) wonderful (!!!) news will have to wait. If this co is to survive and our two local saints are not to appear with gifts of abundant money, then the best we can expect is a share fiddle- sorry, capital reconstruction combined with a begging bowl - ahem, Placing and very open offer - if there are enough takers. Or a Chinese takeover at 0.01p per share. And being a shareholder myself, I suppose I shall end by accusing myself of deramping!!!
Yes,aligbb, its this crazy market! Figures out coming week and led to believe will be perfectly fine with great confidence because of inflation and money troubles just suiting MANO's business model. Wish I could buy more!!
Much as we all knew, the deal is on and I expect that this merged outfit will be carved up very largely between the big institutions and fund managers over time with only about 10% remaining in private hands. Even before today's RNS it has been widely tipped as a long term 'must have' for any serious portfolio and a real contender for various countries' Sovereign Wealth Funds. They are actually down on what they were before the possible bid but I am not in the least worried about that. To me its a no-brainer. But of course DYOR.