Will M&G be gone or have stopped selling before all this really interesting activity from TAP starts/finishes. the real big bang is of course starfish but even now with bianchi the selling pressure continues so NO prospect here of a run until results or when M&G stop selling
i hope management are talking to M&G to try and offload their parcel - BUT i have talked to several directors in other companies of late who found themselves in such a position and they just could not deal with some big shareholders/funds who literally just loose money - and the guys selling do so under instructions because as a fund it is not their money in reality.
No sense in the end just a lose lose situation.
but in the end these prices offer great value but no gauantees M&G will not sell at lower prices too.
they are stuffing up a real good opportunity atm but just maybe when it is all over (the selling that is) TAP will leap back into the 80-90s at a minimum
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