If the offer is considered too low, they can then start to sell the shares into the market which will obviously create a fall in the share price, but will still be the only option they have if a buyer cannot be found.
This means initially having discussions with various potentialy interested parties to see what the best off is.
The administrator will have a duty to get the maximum value from Sterlings holding in RUR.#
Another AIM share crossed off my watch-list.
Next stop is selling into this mysterious power company with PE leaving the party and taking IPC with him. What a crying shame but it was just so clear to me that this would happen. It's just a shame that Swooped and Co were so convincing I guess, many have been hoodwinked to stick around. lessons learnt I reckon, take a balanced view and always ignore the uber-positive posters who ignore the facts.
whoops...hmmm sorry but told these lot this would happen months ago.
ahem, more of their copper mining in Chile wink wink nudge nudge
The LSE mob are useless, they haven't noticed the $1billion deal Antofagasta did today to sell it's water business, that $1billion is now going to be ploughed into developing more of their copper business...which will need power....which will kick off a domino effect as that money is distributed around....blah blah
I don't know why these guys are getting themselves wound up, the partnership deals are already happening, we know this, just got to be patient and wait.
HOLY SMOKE! is that swooped turncoating? now we have seen it all lol!
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