Proposed offer10 Sep 2023 18:25
The £1.50 cash offer looks light to me. Once the audited accounts are issued and clin paid off, my expectation was that Tintra’s share price would recover to over £1.20. So a 30p premium looks meager to me. Progress updates such as the major breakthrough referred to in recent rns, new global technology partner and banking license updates could see the share price considerably higher. So I find it difficult to see the cash offer as a fair price