A buyback, a sale, an acquisition, a merger, or none of these…12 Dec 2021 15:23
A buyback, a sale, an acquisition, a merger, or none of these…. Because nothing is known, it’s natural for everyone to speculate and take personal positions while they wait for an outcome. Experience tells me, however, it’s more likely than not we will know within the next three months and highly probable that it will accompany 4Q results (or along with a pre-results trading update). Either way, unless you don’t believe Ofer Druker’s most recent statements, of which there has been several, that, ‘’The Company's underlying performance remains strong’’ then Tremor’s sp at £5.50, is a Christmas gift that will not be available next Christmas. One thing we can be sure of is, any party that may have had a fleeting interest in Tremor, now knows that Tremor’s door is open for strategic discussion engagement. For me, it’s difficult to conclude that something positive will not emerge from that signal.