GRS wrote: ↑07 Jul 2024, 19:38Nothing to do with RM being a stable or profitable business. This low share price has been manipulated over a period of time to encourage a takeover bid. Who stands to gain most from it? Who was in a position to manipulate the share price to an all time low thus enabling them to buy thousands & thousands of pounds worth these shares?
This has been a long game the Board of Directors have played and unfortunately there will be one set of people who will win out of this & another who will lose!
Hit nail on head. Fear and greed moves the markets. Markets were spooked when we went on strike with rumours of us going bust. IDS shares became massively undervalued and that allowed big investors like Kretinsky an opportunity to gobble up more shares. All the papers reported a failing business model and financial losses due to falling mail volumes.