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Superdry – financing discussions for “options… which may include a possible cash offer”. So also may not and how much anyway is it really worth?…

By Steve Moore | Friday 2 February 2024

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Shares in fashion brand company Superdry (SDRY) were up sharply from early today and at 10:55 the company issued an announcement ‘noting the movement in its share price’ and that CEO Julian Dunkerton has “confirmed… that he is engaged in discussions with potential financing partners for the purposes of considering options in respect of the company, which may include a possible cash offer”. So what of a current up to above 45p share price?
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