RE: Takeover Target30 Jul 2021 23:22
Honestly at this stage I would not be convinced that would be great. A takeover, even at 200% of current share price would be a fraction of the true value of the company. If I didn't think otherwise I'd have sold out entirely above 10p.
It would be possible for a takeover to be offered at true value, but I don't think we have enough data yet to demand that. Ultimately takeover, or selling on the subsidiaries with the projects, is the plan. But at the right time.
Right now, I'd take a hell of a lot of convincing to vote for one. I'm not sure how things stand post shake up, but historically many lth's on this board have held a sizeable percentage. Combined with Pg and the teams, we are unlikely to be bounced into one.