RE: Here25 Feb 2019 19:48
Lol. Some of the posts again now.
No one has grasped that the major thought was something along the lines of...
CEO “I have a great idea let’s sign an NDA for a few months, assess the data, see if we can make a deal before anyone else and cut all our competitors out”
MD “cracking idea that, we get first dibs on what looks like a multi billion company for under £100mil easy peassy”
Few months pass, data is AMAZING, looks like screaming buy, sciesmic data all top notch.
MD “I’ve got a better idea”
CEO “what’s that you say, a better idea than now proving our DD and happy with this little old BPC”
MD “yeah boss, what we do is, we terminate the NDA, for, say, 6-8 months, we give all our competitors time to also take a look at the data as we know one other party was/is already interested too along with us, then we buy it”
CEO “yeah cracking mate, tell you what let’s rip up the NDA even though we have done our DD and it’s spot on, and we will come back if no one else has bought it, wait and maybe get it for £40mil”
Jesus lol.
EA where’s that? More like where’s Wally with that one.
Second major, where did they go?
PLEASE LETS NOT OPEN UP THIS ONE AGAIN!!!!