dyfiman
- 20 Jun 2005 20:11
ELH announced at 6.30pm that it is in talks with another company about a merger/takeover Only days ago two other companies - apart from the likely Abacus company talking to ELH - in its sector were talking about their need for aquisitions to include a company with a pan-Europe presence.
ELH fits the bill and its current rock-bottom price of 0.95p to buy could change dramatically tomorrow on prospects of a bidding war to secure ELP's Europe-wide operations.Anybody looking for action tomorrow??
moneyman
- 21 Jun 2005 00:01
- 2 of 3
Talk of bids over 5p as that is the current level which institutions hold at.
IDN well worth a look too with the results today.