jimmy i think in hindsight PHG would like to think it was perhaps naively ambitious.... and given viburnum was increasing it's stake whilst suggesting the deal I'd like to think it's a nice two fingered salute to them as well, except that they could now quit their stake at a healthy gain of near on 30cps, at least for the 5 % they bought since Feb 15.....
Ann: Pulse Response to Vision Target's Statement, page-7
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