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https://www.lse.co.uk/rns/CSP/countryside-props-q3-2019-trading-statement-plxkxlnw5h1fxz5.html
Homebuilder SPs showing good progress today .
https://www.lbc.co.uk/news/photos/the-funniest-photos-of-boris-johnson/boris-johnson-hemlet/
Benny Hill in the hot seat now.
Nothing would please me more than to see TEF in play with a higher bid but if the market thought this likely,the SP would be higher than it is at the moment.Personally though,I would like to see that a lot closer to 500p.
Cant see why a UK home builder would be interested in TEF when they could earn a better return building more homes than they would earn from owning TEF.
If there is another bid,it may not be revealed until 5 August or the morning of 6 August.Not much to be gained by action before then.The likelihood of a counter bid is still VERY slim,if the prevailing SP is an indicator.Whatever,the world now knows TEF is up for grabs.
Well I suppose that without another bidder,would we prefer to accept 350p or to continue to be fractional owners with the risk of the SP falling back below 300p.
So what is your best guess now as to what will happen between now and August 6?
The business is being sold off at the wrong time and at the wrong price.
https://news.sky.com/story/london-house-prices-fall-at-fastest-rate-in-a-decade-11764770
https://www.lse.co.uk/rns/GFRD/galliford-try-plc-trading-statement-lm8jbnmj8o8nz6t.html
JDS is " away from the OFFICE" from 15 July until 5 August,the eve of the bid vote.
Yes...I suppose only time will tell,I am not at all happy with 350p,are you?
1gw...if the 350p bid is voted down,will shareholders still trust the BOD to act in their best interests thereafter.
1gw.well the sp is a tiny fraction above 350p and if anyone else is planning a higher bid they would be buying a few now at a lower sp would they not?Plus a stockbroker has told me he rates the chance of a counter bid as very,very slim.
None of this bid makes sense based on what we know and have we told.It is all.ost like the bid is being railroad through.
sain...11/4 fresh bidder odds very mean,market pricing it in at about 33/1.