Takeover/SP2 Mar 2018 14:00
Any bids will probably depend on how the other bids are proceeding and it all seems a bit early for that, even though from our point of view if anyone was going to bid for ITV they'd best do it now. Not a good idea to buy shares here in the hope of a takeover IMHO.
SP down possibly due to 1) talk that GS are offloading/buying, 2) Trump's comments about tariffs which are driving the ftse down, 3) bad news from WPP 4) the market are still digesting ITV results.... which all makes for a perfect storm. But in Carolyn we trust. Fundamentals still ok so no reason the share price will not recover given time. t