Look on it this way…..17 Apr 2025 14:20
Wood now has till 15 May to refinance. I think this is the message given to them by IIs.
Then Sidara has to offer nearer to the effective 85 pence price. It also gives rival bidders more time…..once the results are published most, likely during suspension. Will the shorters risk holding during suspension? ……I think not as Sidara may have to come back with a better offer….or match one from a rival. Maybe we will go into suspension nearer the 35p.
Hold…..and relax.