RE: WG value v current 30p offer. Fair value?29 Sep 2025 09:22
I said on here on the 3rd of August that if someone else bought WG that Sid would probably be sniffing around in a year or so. Something else I have thought of is if, like people say, Sid seem to really want the Wood group.
So lets say someone else comes in and matches Sid's original offer. What would Sid do? They would look pretty silly or hard faced if they then upped their offer after dropping it to 30p.
Now if the someone else did buy Wood group for 35p, then how long before Sid decided that they really do want it? And what would the new owners be prepared to sell it for? Lets say it was only 40p a share. Then they would have made a quick 15%.
You never know, but I think this might just have a bit of a way to go.