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Seriously now, how many people sold in a blind panic over the last week? I bet loads sold with their £50 profits. lol

So the solid floor here is now £1. Onwards and upwards.

Just looked at all the buys last hour on Friday. Some people were tipped off. !!

It will open up 15% tomorrow for sure. Still only makes it £1.17 which is peanuts.

Any further snippets in your UK papers?

BT Group board on alert for £15bn takeover approach
The telecoms giant has asked its City advisers to work on defending it against a potential £15bn takeover bid, Sky News learns.
Saturday 22 August 2020 14:09, UK
BT chief executive Philip Jansen PIC: BT
Image:
BT chief executive Philip Jansen. Pic: BT



Why you can trust Sky News
The board of BT Group is preparing to defend it against takeover approaches from industry rivals and buyout firms after the suspension of its dividend prompted its shares to slump to their lowest level in more than a decade.

Sky News has learnt that Britain's biggest telecoms group, which now has a market capitalisation of just £10.1bn, has asked bankers at Goldman Sachs to update its bid defence strategy in recent weeks.

Robey Warshaw, a boutique headed by two of the City's leading investment bankers and a long-standing adviser to Vodafone, may also be asked by BT to play a role, according to insiders.

Sources said this weekend that BT had not yet received a formal approach from any potential suitor.

Any such overtures would, if they materialised, be regarded as politically explosive, with BT having committed to funding a £12bn investment programme to roll out superfast fibre broadband to 20 million premises across Britain by the end of the decade. Sky news

BT will open up 15% on Monday as short closing positions will be closed. Expect auction to be longer than normal on opening.

Take out target £2.25.

"A wounded British Telecoms ripe for a kill" (Toronto Star)

I would expect to see 5p this coming week.

7Dig will not be around in its current guise in 3 months time. Take out price could be as low as 15p (UK)

As I stated on Thursday from here in Toronto that the global company IS from this side of the pond.

I have been following this and as yet I hold no position, but this was tipped in our Toronto star rag about 3 weeks ago as being linked with a couple of our north American platforms. Smoke without fire? Maybe.

Only a placing IF they fought off the bids and the SP had recovered.

About a 34.5p on open.

There is gold in them hills.

I suppose nothings off the table but I would think only a 2% chance of a bid not happening.

My next door neighbour works in the call centre, she has been asked to work overtime including weekends. I spoke to her 20 minutes ago and she says every day seems like a bank holiday. !!

You would think 40P? but it won't, AA is a strange trading stock, it's almost the same news as last week and apart from opening up 15% on bid news day it traded sideways if not slightly lower until the spike late on Friday. I reckon it will pop open at 36p then fall slightly until concrete news. Don't know if it's because it was a heavily shorted stock but it certainly needs a rocket under it at times.

And thay carnt spel. Lol