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>I'm hanging on!!
Its a tough call; I suppose it all depends on your entry price.
Ahananda hits the nail on the head but I'm not sure why anyone would sell under 620, especially given the amount of shorts to close/closing out
Another plonker comment
The fact the price is so low will very likely draw other parties in and hey maybe that was the intent all along
Rarely is life simply black or white
MattTheBrave- yes, life is never 100% cut and dried. But, this is 95% nailed on. TB will swallow DT up.
LOL
I used to have a boss with that attitude. It can't be a good idea because someone else would already have done it if it was. The company went bust, no big surprise really.
If anyone was interested in DT they would have bought it already.
TSM - agreed!
Sheltie - there is no such thing as truly binding terms until the owners (ie shareholders) have agreed until then, any other bidder is free to enter the fray, and the Company Board must give due consideration in the interest of shareholders. Where this happens, I know of no situations where the Board has rejected a higher cash counterbid from another party. I would say 50/50 whether this emerges, but ultimately, as the minimum you will get is 6.20 if you hold on, I think the optionality is pretty valuable here. I'm hanging on!!
Sheltie. I agree a sale is a done deal, but it isn't cut and dried to TB.
The shareholders won't vote in favour of the offer regardless of what the BoD recommends if new offers surface, so even if binding terms have been signed they don't extend beyond the irrevocable support by the 15% and the BoD to TB.
That's meaningless if Crowdstrike or another come in and offer 650+
Moron together they only own 14% of the shares with the thieves trying to steal the co o the cheap
Am I right to believe that as a private shareholder I will still get £6.20 per share even if I don't do anything. How long will this current deal take to go through? I did buy at the top so not sure what to do. From your experience would say that there is a possibility of new bidders coming in. Thank you
Binding terms will have been signed already, subject to Board Approval. In the RNS it says very clearly, that the BoD will be voting "unanimously" in favour of the offer - so it is done. Not great for PI's I admit, but teaming up with TB is a VERY good thing for Darktrace as a company. TB has massive global reach and very deep pockets. DT will grow FAR faster with them, than on their own, as a UK listed PLC. Make no mistake, it's over. TB have it in the bag.
I wonder if poppy and senior management are going to be moved on?
608 today or 620 in 3-6months. Given the time value of money, most RIs will take slighter less then 620 today IF they don't think a greater bid will come in. Arbitrage Funds will start hoovering now so the 608 will creep up over the coming days and weeks as it did with KCT.
I see 0% chance of this deal falling over and a very decent chance of counter bids so I'm holding on to the shares I have left, circa 70% of my original purchase. The other 30% went before today.
GLA and DYOR
Dark board agreed to offer which I find amazing and unbelievable …
Dark board means Poppy and Co
What’s the timeline on this
I hope you are right and a rival bidder comes or a bidding war happens
The price is currently 608 p ? What does the market say when 608 p and not 620 p ?
Remember, it was well reported in run-up to, during and post TB Preliminary Approach in 2022 that DARK also has several other 'interested' parties. Would they still be interested, even more so I would say, given the progress DARK has made over the past few years.
aimo & dyor