RE: Possible increase offer thoughts π13 Nov 2025 12:03
I would love ICE to be right as I feel that Sidara are screwing the LTI's completely, but in their eyes, it's just good business. It should be remembered that they also take on the >Β£1 billion net debt burden, that is not small change for anyone !! FWIW, my lowly contacts at Gold Sachs believe this is a box ticking exercise and the 30p will be successful. I personally have no idea. I sold some other shares today, so I have significant liquidity, if some sort of D4E etc etc is needed.
My gut instinct tells me this will be passed at 30p and next Tuesday I'm guessing this will trade at 22 to 29p range till completion in H1 26.
Wish all on both sides of the fence in these discussions ATB