Thus - The New Ashtead?

DR. Why is Bis the muppet as 13p is easily realistic based on the last 4 weeks performance and news.

I do believe that something is bubbling away in the background judging by a) the low institutional volumes, b) lack of communications and product launches, c) availability of a seat on the main board.

However, the fact we were led to believe there would be an announcement by Xmas means that “things i.e. agreed price and/or a competitive bid” have not gone to plan. So, the downside is that no deal materialises OR it’s at the wrong price the SP could fall to 13p. The upside is that the deal is perfect and the SP moves towards 20p – gut instinct tells me this is starting to look unlikely.

My 6 month forecast is; quick drop to 13p during Jan/Feb with a slow creep up to 15p when the dust settles. I do believe I’ve just talked myself into selling half my holding!