RE: Monday D Day10 Feb 2023 09:59
If the deal goes through at 9p or under then the share price will probably drop to reflect this valuation. I don't see the deal producing an increase in the short term. There are FSPs that cause the sp to increase as people pile in, check out Renishaw plc. But, in this case the market decided to bail and crash the share price as soon as the FSP was announced. I agree that if the deal is canned then sp will recover quickly. I see that some have confidence either way.