Well I see we have a new evolution of the takeover theory.
One of Peter's base points for the GE takeover theory was that they apparently stated on their website - although I haven't been able to find it - that an agreement was reached to takeover PRM upon confirmation of profitability. Now this doesn't appear to be appropriate anymore!
Also, the talk of £8 per share was a topic on the BB (as it has many times and at different prices, e.g, £5, and had no real basis, yet is being heavilily relied on by Peter. All we know is that no firm takeover offer has been received to-date, otherwise it would have had to have been announced.
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