Assuming Heartland wins the bidding war for UDC. How will they pay? More importantly, how much will I pay? Again, assume Heart borrows 40% of the cost, that means a 'rights' issue of 60% of cost. It looks as if real CASH is needed for this one. Hmmmmmmm? Do I want to double my shares in Heart?
Advice please. Your thoughts please?
And where did our 'cash back' offer vanish to?