RE: The big reveal; Friday or Monday?7 Jul 2021 10:48
Personally i think £1.85 would be the mac we’d be offered now, which i guess equates to something worth just over $100m. Totally agree that it’s worth at least that bit without news I fear we won’t get that. Clearest sign for me that something is about is silence from DB and the speed with which he dampened down the recent breakout. He was told (or knew) to nip it in the bud asap or else risk losing a deal..? Just conjecture on my part of course but GDR has so many good products that it just doesn’t add up any more to be on such a steady decline. Could accumulation taking place now via manipulation but from looking at daily trade info I can’t see it. Hence, I worry that DB has been told to delay, delay, delay (BC defo in on this too) and wait for as long as possible with a low sp and then they’ll make their move, possibly hoping holders will be so disillusioned by then that they might vote in favour of a low ball offer, setting it as the best of a bad job. Depressing but it happens.
All guess work from me but can’t see why DB is silent for so long when the sp is doing quite so badly. From recent highs of £1.50 we’ve dropped over 60%. Not a word from the CEO. It’s one the give aways that a deal is being done behind closed doors