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clock Created with Sketch. 21/03/24
11:05
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Originally posted by htae39:
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It doesn't change the fact the SLC was incredibly undervalued at that price. The takeover bid just woke people up from sleeping. Even before the takeover bid the fair value estimates were much ahead of where the share price was. The fact they reported well (which was no surprise) helped that a lot too. Since the acquisition has been rejected the share price should have dropped back to where it was, but it hasn't which is obvious that the underlying fundamentals of SLC have improved over the last 2 or so years, and the SP is just catching up.
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What fundamentals do you mean, just revenue and clients? Still net cash debt, loss making business.
Last edited by
t33hp :
21/03/24
(20min delay)