RE: ITV - Britbox - And the WORLD17 Aug 2020 22:04
This is certainly a great entry level, just over 60p this morning. If someone tried to buy ITV at a lowball bid, the sp would soar above any lowball offer, the MM's pencils would be marking the buy price up way above 100p and then the buyers would push it up more. It wouldn't happen, it would be hostile and hostile takeovers generally just shake others into action.
I would love to see a bid of 120p, that would be double today's price and great for those who have been hoovering these up at it's recent lows.