RE: 3 Contract updates last 7 days! On LinkedIn26 Mar 2025 20:34
Hi Hopist :)
With all due respect Hopist I think you're getting confused/muddled up a little.
I'm guessing your thinking of it, in terms of other companies that have decided to go private & de-list from AIM etc, in those instances the shareholdings stay the same, there just isn't anywhere to trade the shares really (unless on a matched bargain basis).
That's not what I was talking about at all, I was talking about Pentland making an offer to buy the rest of THRU that it doesn't own & since Pentland is privately owned itself, then THRU would just become another part of there family business empire (& hence privately owned going forward).
THRU are undertaking a strategic review & that means the business is up for sale or available for major investment by someone & those interested parties will be able to see the books/business outlook etc, which is why trades etc have to be reported etc.
Maybe you want the company to stay independent in which case it will need to raise more cash to keep it going beyond the end of May. Or Maybe Pentland or someone else will step in & decide to make an offer for it instead, that might be at 4 or 5p a share depending on what they value the business at currently & its outlook, or it could be a lower or higher figure than the ones I put up.
What certainly seems to be the case is that the new 81 Series seems to have been well received in the industry going by what's been said on Linkedin by outsiders, how much that affects which of the 2 options (routes available) the company decides to go down is anyone's guess.
I hope that clarifies things for you & anyone else who had similar thoughts
LOTM