The market being very slow to react to the news about the approach for Songbird. This saga has gone on long enough, and finally is coming to an end. The SP has been very slow to react...a positive for the longs.
A quick profit all the same...for those tempted to stay in the word is £3.19 a share, which amazingly represents the last half yearly report..Adjusted NAV per share rose to £3.19 at 30 June 2014 from £2.90 at 31 December 2013, an increase of £0.29 or 10.0%. For those in long for Jan 2013, Dan S, JP and a few funds, congrats.
Atb Fraser
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