TWO 0.00% 78.5¢ talent2 international limited

Ann: Talent2 announces recommended cash scheme at, page-5

  1. DSD
    15,757 Posts.
    re: Ann: Talent2 announces recommended cash s... robba.... sadly i suspect u r right. Ironically i bought TWO (at $1.07) because i had faith in the business acumen of M&B. Was stunned when without warning (and after paying decent divs) a collapse in profit of 66% was announced! SP plunged to 47c and then was relentessly driven lower and lower to low 30's. I was surprised it could drop so far but didn't buy any more. We now read how a 'generous' offer compared with low has been made. But it's an internal job with management and major holder making the offer. I suspect profits will re-appear once buyout is complete. If we hang-in will we be part of 'new' TWO or will it be delisted. If they get 90% we will face mandatory exit as holders. Very disappointed and feel we are not get full info. TWO have stated more info will be released but suspect i'll never get my purchase price back.
 
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