The stock soared while in the hope of a takeover bid.
Had current events not intruded maybe Lotus ' fate would have been different, but in June 1995 IBM launched a hostile takeover bid.
By this time the shares were 3p, thanks only to a takeover bid.
The takeover bid is still in the approvals process.
I hate Standard Life but will probably hold onto the shares for a while in the hope of a takeover bid.