Isles of Scilly offer

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  • #5740
    Nick Hargrave
    Keymaster

    https://www.londonstockexchange.com/news-article/HARL/statement-re-possible-offer/16223349

    An intriguing move and one which, in the absence of information, is difficult to assess both strategically and financially. The market continues to await the finalisation of the debt financing in Q4 and is likely taken off guard by the company proposing a cash acquisition at this time. This suggests wither the company is comfortable that financing agreements are essentially concluded or this offer provides an opportunity for an equity raise

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