By Steve Moore | Wednesday 9 February 2022
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 ended January at 286.5p, shares in aviation services company John Menzies (MNZS) were subsequently quite subdued and closed at 282p on 4th February. There were then rises on 7th February to 320p and 8th February to 335p… and then today a “Rejection of Unsolicited Approach” announcement. Of course, nothing to see re. that trading though folks – this is the London Stock Exchange’s ‘Premium Main Market’ after all! And what of the ‘approach’?…
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