RE: Monday5 Oct 2025 15:01
If a bid comes in, I genuinely don’t believe the board would sell out private investors like us by accepting a lowball offer. Given Candy’s power, influence, and significant shareholding, he’ll likely have a strong say in any potential deal. It’s also worth remembering that a £12 offer was rejected a few years ago — a positive sign, considering Audioboom is now in a much stronger position among the major players in the podcasting industry.
If no offer emerges, Audioboom is still performing well and continuing to build momentum, which should put them in an even better position to command a higher valuation in the future. Personally, I’m happy to wait a couple of years if that’s what it takes.
Market makers will likely use the RNS to shake out a few weak holders, as they often do, but the reality is that it’s better to invest now than pay more later. I believe the share price will rise gradually over the coming days — the Sky News coverage is simply too significant to ignore.