very interesting takeover thoughts14 Aug 2015 16:39
http://uk.advfn.com/cmn/fbb/thread.php3?id=30420821
peartreegardens 14 Aug'15 - 15:19 - 7125 of 7126 1 0
Cs
In the last 6 trading days or so there have been a number of large trades and substantial volume. Something is brewing here, I'm not sure what, but if it's good then a rise will be swift, substantial and sustained, I should imagine. I'm content to watch and wait with my holdings until whatever's going on plays out. It will when the party/parties involved are done, and not before.
peartreegardens 14 Aug'15 - 15:32 - 7126 of 7126 1 0
Could Pershing Nominees Ltd be the nominee account Miles Pelham has used to build up his holding? It's simply that the numbers of shares held are quite similar (12.4 million or so for Pershing at last declaration, 12.8 million for Miles Pelham and his wife). Also, purely idle speculation I know, but could he have chosen to show his hand now and demand a seat on the board as an activist investor, trying to push through a takeover, if an offer, as has been rumoured ( and probably greatly exaggerated) is on the table? It's just that from what I've gleaned on a brief search of his background he seems to be more of a trader and opportunist than a long term investor.