While bid interest is in the rear-view mirror for now it does highlight the value in the shares
Thursday 22 Apr 2021 Author: Yoosof Farah
Elementis ( ELM ) 137p Gain to date: 8.8% Original entry point: Buy at 125.9p, 18 February 2021 Reports that chemicals group Elementis ( ELM ) had been the subject of a takeover deal that could value it at over 200p per share proved unfounded. Late on 20 April its US-listed rival Innospec revealed it had made a cash and shares bid of 160p but that this offer had...