RE: This is not the deal we have been told13 Dec 2023 09:11
Nickshaw, No, I still don't accept that “the market doesn’t like the deal”. As I’ve said before, “the deal” clearly doesn’t suit one particular institution or individual, who appear, for whatever reason, to want (or need) to exit at pretty much any price (we’ll probably never know why).
Furthermore, I’ve not read anything anywhere that is particularly critical of The Deal, other than the fact it requires a bit more patience. More patience, doesn’t mean the deal is bad, it just means waiting a little longer (which is what PI’s don’t like).
As a snap shot of public opinion on the deal, I’ve not seen anyone on here suggest Chariot “have been ripped off”, I’ve also yet to see any of the regulars on here, post that they’ve sold out and moved on. If either had happened, you could maybe argue that the perception is that the deal was/is bad, but the bottom line is, this is the best deal for Chariot shareholders, they just don’t seem to realise it, because all they are looking at is the current share price.
GL