Loungers Plc Share Price (LGRS)

SEVEN in less than 2 days - so far.....

Been on the sidelines for a long while waiting for a good valuation, was a bit worried by the rise in expenses and the debt it had. Finally pulled the trigger on an extremely small number of shares in August 2024 just so I can start to monitor closer for a dip. The dip finally comes and its immediately taken private - long term shareholders will feel very disappointed at the TO price.

I'm not so sure I would personally want to have unlisted shares either, that's going to be incredibly illiquid to sell in the future..T212 would have likely force liquidated my position anyways.

The shares never performed because noone is buying AIM shares, hence all the companies are delisting.

It's a growth company so dividends aren't appropriate.

No take-private is ever going to overvalue a company.

Fortress will do well with it, so you have the option to roll-over your shares too Seatanks, or didn't you read the Offer?

The offer undervalues the company, which the founder and management team understand so they are rolling their shares into the new company. The board never found the right balance between growth, cash flow and dividends, which is why the shares never performed. Now us long suffering shareholders are ejected at a low ball price and suffer the consequences.

Rns out, blmey !