Hehe...typical British! born pessimists
But you'r right in both suggestions...I haven't completed the thread yet...it's doing ok on it own:
"...Anite has been producing results and making its own acquisition deals that defy the current state of depression in the IT services sector. In January, the group’s interim results showed that first-half pre-tax profits grew 42% to £8.5m while revenues rose 32% to £69m..."
"...Forecasts for the current year suggest that Anite will earn £18.3m. Against its current market cap of £446m, the company is not cheap, but neither does it look overpriced...."
"...With brokerages unsurprised by the move, the talk suggested that Anite's business in the UK and Germany, rather than its specific sectoral trading in the public sector and in telecoms testing equipment, could be the key prize..."
And a possible bid is expected in the vicinity of 220-250...
Chart suggesting break through, a close above 160 on monday turning this strongest resistance into support makes another jump to 195 in the short run possible,,
Riz