RE: 130p open, shorts burnt15 May 2022 09:32
Thanks for that Mesh.....just found this....The company, formerly known as Etisalat Group and now rebranded as e&, offered about 130 pence ($1.59) a share for the stake, according to Bloomberg calculations. That’s a premium of about 10% to Vodafone’s closing price of 117.82 pence on Friday. The purchase makes the UAE-based company the largest shareholder in Vodafone, ahead of BlackRock Inc., the Vanguard Group Inc., and HSBC Holdings Plc, according to Bloomberg data. .....so they obviously see an up side to this be amazed if this doesn't hit the high 130's tomorrow saying that this is Vodafone we're talking about.....