RE: 10 signs your company is about to be aquired23 Jun 2022 07:49
1. Management stops defending the stock price.
Silence
2. Social media posts are overly bearish and calling for the CEO’s removal.
Rock et al, no further comment needed
3. Wild fluctuations in stock price.
600p to 74p in several months
450p to 300p in 1 day
159p to 74p in a few days
4. Large amounts of phantom premium are on the table.
Just over 1x Revenue would be 250p, a more tham 200% increase. Other similar businesses get sold for 2-5x revenue!
6. “Sell this, buy that.”
Just look at advfn LOL
7. Bizarre price action prior to upcoming milestones.
170p rejected now at 74p. No comment Lol
8. Resignations by high-level management or board members.
Dominic Murphy with Immediate effect
10. Your stock has become disconnected from reality
As per my post yesterday. Completely disconnected. On every single metric makes no sense, business is smashing it. Growing globally, expanding automated warehouses etc. Does not have the major problems like Asos and Boohoo i.e. returns!! Ingenuity the golden goose which everyone dreams of, a disruptor!
Strip out cash, current intrinsic value is £400m!!! Cash acquisitions since IPO was £900m!! And then the market is saying full IPO business valued at £5-6 Billion in sept 2020, and all the organic growth since then is currently valued at ZERO! LMAO
Not pulling the wool over my eyes.
They have gone for the buyout theft, by decimating the share price, but they not going to be able to buy it, golden share is there, instead they have forced Matt to take it private.
IMHO we wont see any news on separation. When all the ducks line up soon, out of the blue we will get the RNS saying its going private, with the help of current major holders, Softbank, Sofina, Balderton and Jupiter. They hold 50%+ between them and the BOD.
Matt on Investor call "best environment" to operate in and "right share register"! From the horses mouth!
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