Ann: Results of Institutional Entitlement Offer, page-3

  1. 387 Posts.
    lightbulb Created with Sketch. 729
    Here is a possible scenario for you to conjure macda.

    H&G (perhaps suddenly it seems) want a greater proportion of the company.

    They want some way of getting it without having the problem relating to the 20% rule.

    At short notice there are not going to be too many retail shareholders who are going to, or even going to be able to, virtually double their shareholding.

    Those interested in a larger bite are able to bid for the shortfall. Perhaps a friend of H&G might be very interested in bidding for what I expect will be a very large portion of the company available.

    The indecent haste seems very interesting.

    I wonder how things are going over there with those Roquefort negotiations with Big Pharma.

    poorinvestor


 
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