RE: Bid speculation29 Apr 2025 07:25
Well said Skier. The share price should be more like 120-150. The reason it is not there is due to the 8 years of weak management. Management who have just wanted to line their pockets whilst responding late to the move to streaming and the death of free to air tv.
If a bid does come through I suspect the buyers would wait for the share price to fall to 60p and then snap ITV up at a bargain 80p or under. Before the Dame moved to ITV, it would have taken a bid of 250 to buy out ITV.
Utter disaster for the employees, future of UK tv production and share holders. The current BoD have left ITV weak and vulnerable to a takeover that would see so much of what it does axed and the studios sold off or moved away.
The Dame needs to do the walk of shame.