RE: Wouldn't want to be out of this for the wkend!6 Jan 2023 16:49
Luck
Had this exact situation with Amerisur. They rejected an unsolicited bid of around 12p or so I recall. So they did an fsp or informal sales process, can’t remember the exact detail but once a bid was accepted (18.5p I think) the trading share was a little lower because of that risk, 2 or 3 percent I think.
No science at all but based on Amerisur’s gap against unsolicited bid I feel 12p best bid for hur. Although they didn’t have a CA type shareholder.