Member Info for jamstar

My personal experience in how M&A tends to work. The Board will never accept anything that is not close to the 1 year high. Take 80% of the £18 high and it gets you to a floor price of around £14.5.
UIPath Trades at a 33x revenue multiple. 10x for Blue Prism because of its slower growth rate and that is £1.6Bn/£16 a share, at 15x that is closer to £24 a share
Its an obvious ploy to announce to the market to push the price higher and bring in new bidders. Financial investors will take the business, change the management team and then try to sell it in 3-5 years. What is good is Bathgate and Klingdon still have a large amount of shares, hence might be less concerned about losing their jobs and more aligned to our interest of maximising share price.
Getting towards the £20s will require a tech player to throw in a bid, maybe an Oracle or SAP.
Even if a bid fails, the stock price should adjust upwards to at least the £14 level. You would be leaving a lot of profit on the table by selling at this price.

This was beaten down too much. I just tripled my position at £11.4. The multiple vs. competitors is ridiculously low. Financial investors tend to low-ball (probably around the £14-15 mark), but very likely a bit of a bidding war ensues and this gets to £19 a share. Hold and you will be rewarded!