RE: Takeover offer 50p+14 Feb 2023 10:02
Restructuring the debt is the easy part because the lenders with a new owner at helm will absolutely be happy to go for this as this is a more reliable option. The deals forthcoming very soon in days from the numerous bidders will take this into account the debt is almost a side show now. Lenders need to be happy, we need to be happy and new buyer needs to be happy I think at 50p+ this will make everyone smile. Lenders get debt sorted and underpinned, CINE gets a decent price in circumstances , buyer gets a global Cinema chain cut price they could only dream of previously. I think as I said we will be surprised at the offers. 50 minimum is a ten bagger here. I believe it will be A LOT MORE!
IMHO DYOR GLA BUYTHEDIP