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85% of shareholders have yet to vote
"the Darktrace Board believes that Darktrace's operating and financial achievements have not been reflected commensurately in its valuation with shares trading at a significant discount to its global peer group"
Makes no sense then they have agreed such a stupid price
Counter bids must come
What kind of muppet would be selling a great company a the beginning of a rerate?
I would guess the shorts have infected these boards and are trying to get you to sell
They are terrified because there is 400% plus upside on the table.
Furthermore at this low valuation it is a strong bid target