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.
Having most recently announced a possible offer proposal of 13.9 shares for each share in Mission Group (TMG) with also a partial cash alternative, Brave Bison (BBSN) has now announced that it “is not willing to advance the possible offer without due diligence or access to key management. As such, Brave Bison confirms that it does not intend to make an offer”, with this with it “disappointed by the lack of engagement from the Mission board”. What of this with Brave Bison’s shares most recently at 2.45p and those of Mission Group currently more than 11% lower at 24p?
Already a member? Sign in
• All premium articles
• Tom Winnifrith’s Bearcast
• Access to all the entire nearly 13 year archive
• ShareProphets Daily Newsletter
Cancel any time
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.