Yes the price action suggests this is not a totally done deal. Hopefully the other II's will hold out for a better price.
Stockopedia has FY23 forecast eps of 27.7p so an exit multiple of 14.5. Seems very cheap given the long runway for growth in data centre and renewables.
Not easy finding good small caps like this so bit disappointed tbh, although i can see the strategic fit.
Me too had for many years building up to over 100k of them so big profit always appreciated. Interesting to see people buying small quantities at 398p, rival offer ?
RE: Great interims - our Fair Value jumps again9 Dec 2022 08:42
I am disappointed this is going to be taken over. I bought into this years ago, and was expecting this to return 400%! In the end it was not to be. Good companies taken private, as always...