Some interesting thoughts.What makes AMU more attractive to a...

Some interesting thoughts.

What makes AMU more attractive to a potential suitor, less shares on issue or a large cash balance ?

I'm not sure i buy this MBO theory. Firstly, BB was a recommendation of independant review. Secondly, i cant really see the Wyllie group wanting to take AMU private it doesnt really seem to be their style (no idea about other major holders like CVC).
Am i correct that both CVC and Wyllie have board representation ?

Miningnut suggests that BB would allow a cheap takeover without the premium. I would be gobsmacked if they were able to BB a 3rd of the issued capital without seeing the sp rise.
JMO but with all the boards comments re;AMU being undervalued i would have thought that there was no way they could confidently recommend some sort of lowball bid for the Co as being fair value without shareholders giving them a complete bollocking.