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2 different entities, so they will, combined, go over the threshold of 30%, Pentland will take JDs shares and then Pentland will have to bid.
Simples

JD pay £1.24 p/share for Foot. How do they do that?
30% at 60p av. 70% at £1.50.
PI's get £1.50 p/share

Pentland own majority shares in JD, therefore report JDs holding of 18.74% within their purchase of 2.6%. = 21.34%
JD and Pentland have a plan it seems.

I agree DoneK. It's a retail share that can be taken advantage of. It makes no difference to the margin of the mms if it's 3p or 10p

imo 4.85

It's 5.18 to buy.
I'll wait a while...

May I suggest you do the same. Play the game

Sure it'll come good, took the risk, but the technicalities of the drill weren't great, therefore another delay, usually longer than the average investor appreciates. Could be wrong but I see a drift and then I'll take another decision.
I wish every investor well, but sometimes you have to play the game and most rarely call it right!
Red or black, or Peckham spring, that is the question?

JV to be announced I bet. They're coming from across the Arabian Sea.
Don't tell em your name Pike!

Honk if you like Vonk…
HONK HONK

Analysis of why KPMG who are working with both companies feel this is a good fit.
My hunch is Flybe have a new partner lined up.

Flybe based in Exeter, England, is the largest independent regional airline in Europe.

Flybe currently operates 192 routes serving 14 countries from 75 departure points in the UK and Europe and is the largest scheduled airline by air traffic movements at Aberdeen, Belfast City, Birmingham, Cardiff, Doncaster Sheffield, Exeter, Glasgow, Isle of Man, Jersey, Manchester, Newquay and Southampton airports.

http://www.breakingtravelnews.com/news/article/flybe-to-add-palma-flights-from-doncaster-sheffield-next-summer/

Expecting a bid tomorrow afternoon.
Give the BOD something to consider over the break.
GLA

Do you know something I don't?

L2 Any of you hotshots know what going on with the orderbook?
TIA

42p

You have no idea!

It was 24p last week, it'll be 42p shortly.
Come on Pineapple