Q: What are your thought on the take private offer, It seems like another low ball offer considering where it used to trade at . Probably a good offer for for the insiders!
5i Research Answer:
The proposed deal is for $11 per share and was a 33% premium to recent prices. That offer also takes shares back to where they were trading roughly around June, 2022. It is always hard to see these names get taken out but it is not a 'bad' looking deal either.