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Clued not sure what Times link you are mentioning. But if it is todays

Darktrace sees bright light at the end of the tunnel
Emma Powell
Wednesday August 24 2022, 12.01am, The Times
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Darktrace has been struggling to win back investors, battling questions around the shape of its cost base and links to former Autonomy boss Mike Lynch, who is fighting extradition to the US to face charges for allegedly fraudulently inflating the software group’s value. But a weak valuation, high revenue growth and vast potential customer base means there is plenty to invite a bidding war.
News of an approach from tech-focused buyout group Thoma Bravo last week sent shares in the cybersecurity specialist up 24 per cent on the day. Even if a firm bid is no higher than the £3.7 billion market value currently attached to Darktrace, investors that bought in at the cut-price IPO should be happy enough, having doubled their money in less than 18 months.
Based upon forecast sales, Darktrace is still valued far below both last year’s peak and US peers such as CrowdStrike Holdings, with an enterprise value of just over seven times forecast sales. There is some justification for that valuation, stained with misgivings, which either a US tech investment group or rival with deep pockets could wipe clean.
Links with Lynch, who helped to establish Darktrace but has no management role, have cast a shadow over the group’s rating. He still owns 4.3 per cent, while his wife, Angela Bacares, has almost 8 per cent. Taking the group private would remove this connection, a factor of which bidders would be well aware.
The need for cybersecurity has been thrown into sharper focus by the geopolitical turmoil this year. Shares in Darktrace rose 43 per cent during the week after Russia’s invasion of Ukraine. Annual recurring revenue rose 42 per cent in the 12 months to the end of June, ahead of analyst expectations, and guidance for this year is similarly punchy at 31 to 34 per cent.
Darktrace seeks to differentiate itself from other providers through its use of artificial intelligence. Rather than trying to merely stop attackers breaching IT systems, it uses machine learning to detect unusual activity and autonomously fight back against any attacks.
Yet some analysts question the shape of Darktrace’s business. Irish brokerage Davy points to high marketing and sales costs, which equated to 45 per cent of revenue during the first half of the year. Roughly 65 per cent of sales come from direct sales. Davy argues that a closer tie with sales headcount could constrain sales growth and forecasts a compound annual sales growth rate of about 30 per cent for Darktrace from last year to 2024. But that compares with more than 70 per cent for American peer SentinelOne.

UG got to be top end restaurant followed by a strip club. With all the money left in the business still to waste they will be making it rain down on the dancers.

Haha Sheltie is that gimp still talking nonsense. I green boxed the waste of space again. It’s easier not to interact with the clueless fool.

I forgot to add the filter back on and couldn’t believe how much garbage one person can post.
Do not get me wrong we have all been guilty of posting the odd nonsense from time to time. But it takes a unique ability to post 100 times a day with absolute dross.
You would have thought that they would have realised everyone thinks they are a joke and that is why no one interactions them.
The joys of the filter.

Charles I unfiltered you because I wanted to see what you had posted on the BHP forum at 5.30 this morning. That has been removed because even though everyone was talking about the excellent BHP results you were hyping Dark and the post was beyond ridiculous. I notice you have done this to several other boards at 5.30 this morning and all through the night.
Once again your actions and motives on these boards need to be questioned.
I have added you back to the filter bin for my own sanity.

Apologies NewKOTB misinterpretation on my side. There are 708,811.019 voting shares, if the free float is say around 30% there is roughly 496,167,713 shares still held by original investors and staff.
Therefore if they decided they offer was good it would only take a small % of free float share holders to pass it. One of the problems with such a small amount of free float in a business.

Not a chance that somebody holding 100 shares has the same voting power as someone holding. 100,000.
That is why every TA1 tells you their voting %.

Damay all the brokers are guessing. Berenberg had it at £10 for months whilst it was dropping like a stone. Not worth trusting any broker.

I would be interested to know what the share holder percentage needs to be to pass any takeover. Still so many shares that are locked up and not in free float that the original investors still hold the upper hand.
If the offer does come in at around £6 there will be some big winners and a lot of losers that probably followed a couple of the clueless posters on here when they were ramping £10 backed with zero knowledge.
Hopefully everyone on here does well out of it. GLA.

Really going out on a limb here.
“But right now, I might risk a small amount of cash and may buy at the current Darktrace share price”

The fuss they made over RA and Chelsea it will be interesting to see how they view this sale.
Always the Americans that buy these assets whilst people/business are under sanctions. Work on different rules the yanks.

Great to see BHP using the cash for acquisitions rather that then share buy backs.
I see OZL had a high of $29 and change back in Jan when the commodity prices are high. IMO an offer of nearer $30 would probably seal it.

China would definitely be the final nail in the coffin. An option but high risk with very little if no reward.

That is if they only list on the MOEX alone.

Leaving them in the ISA. There seems to be a lot of discussion over Evraz listing on a different exchange. There is only MOEX this could trade on and I do not think that is a viable option for them. If they do they might as well through the towel in.

So Poppy gets another 727,775 extra shares It looks like they were part of awards granted. I assume these were gifted as part of hitting targets. Fair play if you’ve earned them. Makes up for the 575,000 she sold off in May.
One of the reasons I hate share buybacks. They only ever benefit the directors and never the shareholders.

Agree Mr.P a very positive move. Good find Bobocaca I couldn’t see them named in original IPO. But then again that only listed Major share holders.

I only see a positive in that. Dependant on who bought them it increases the free float and reduces the holdings of the Mike Lynch connection.
As Bobocaca said the SP hasn’t been hurt by it.

There have been some excellent posts on here highlighting the global importance of cyber security during these volatile times. I think it has taken awhile but the market and private investors are starting to wake up to that.
The cyber ETF L&G Cyber Security UCITS (ISPY) holds the whose who and they are up 8.5% in the last 5 days. Good to see, slow and steady wins the race.

This may have been already covered so apologies if it has.
My holding is with Lloyds and they are saying they will hold them for me.
What is stopping me converting them to Paper Certificates at a later date.