I'm not surprised by this. IntelliHR is an emerging SaaS company with world-leading HR technology. In 2020 they were selling at 50 cents per share on $2million ARR. Now they are being offered to be acquired at 14 cents/share on $9 million ARR. IntelliHR has also shown a rapid improvement in cashflow and is almost cashflow positive. I believe that a small capital raise or loan will get them through and provide even bigger value for sharesholders.
Do you own research but I would not even sell at this new price.
- Forums
- ASX - By Stock
- IHR
- Ann: Counterproposal for the acquisition of intelliHR
Ann: Counterproposal for the acquisition of intelliHR, page-2
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)