RE: Bounce off 38p back up to 80p soon9 Dec 2019 17:10
The business now has a mcap of £562m, it's net assets are 2.8bln. This is a buy all day long. The RNS isn't even that bad, unless you depend on the dividend. An acceptable offer could see £1.75 - £1.95 a share imo before you even look goodwill consideration.
If I was a long term holder here, I'd see this has a golden opportunity to double down. imo