RE: Recommended Cash Offer29 Sep 2022 09:43
Yes, the offer is 30p per share. Currently the market is quoted as 28-31, which suggests there is not much expectation of a higher bid coming in. The bid has already been agreed by the Attraqt directors so eventually receiving 30p should be reasonably certain. Therefore there doesn't seem much point in selling for less than 30p in the market especially after transaction costs are factored in.
I really don't know as much about this company as I should. Does anyone know who the major shareholders are - staff, directors, investment funds etc.?