Risk of AFC being taken over.26 Mar 2021 10:20
All companies anywhere near to the market size of AFC, is at risk of a takeover.
Whilst such a takeover would not I feel be in AFC's or/and investors interest, it would not break my heart.
This is due to the fact that once a company made any sort of approach, the accompanying media exposure, would no doubt bring other players into the bidding game.
With a current sp of 46p, I doubt AFC could be persuaded to sell out for less than £1, which would put me multiple times into profit, with my average buy around 21p.
But saying that, my preference is for AFC to continue along that partnership round, at least until the sp is 10 times my average buy.
I post this, because some look at AFC at 100% nil chance of being taken over due to the years of work put in by management to reach the stage we are currently in.
It is often said, that 'Every man has his price', I know I have mine but the sp is where near my sell out price yet.