RE: If we consider Inflation25 Mar 2023 13:47
The £1.70 offer for all brands was insulting. Nutrition alone is worth more than that. Remember Kelso said ‘It believes THG’s Nutrition business, which includes the MyProtein and MyVegan brands, could alone be worth in excess of the entire current market capitalisation of THG”.
Plenty has happened since that last bid and it’s no surprise that the activist investors are lining up because they see the true value of THG as a whole. Hugely undervalued - £4 is a rough figure of what I can see this be valued at if there are multiple bidders.