RE: Today's action15 Aug 2021 15:26
I have no idea but I would imagine it would be complicated for Microlise to do anything so soon after their IPO as it would require share dilution. However, I would be surprised if they were not interested. It gives them a new market to focus on, Raza knows the company and they use the same accountants - meaning DD should be easier. Obviously, what Raza may want may not align with what JW thinks. If JW is confident of a turnaround then he may have already sent signals which may imply a price too much for Microlise.
In an ideal world we will get an offer which coincides with the next AGM. Personally, I would just be happy with a strong statement from the BoD when the next TU is due. Something that would be the catalyst for a significant share price revival . I live in hope.