Not too surprised given the 6m cost savings Ann recently and suddenly the 7c cash per share present quite a nice premium again to today’s VWAP.
”LiveTiles Limited (LiveTiles or theCompany) refers to the article contained inthe Australian Financial Review yesterday and confirms that it has received anunsolicited, indicative, non-binding proposal from Bigtincan Holdings Limited(Bigtincan) for all of the shares in LiveTiles (Proposal).The Proposal is to acquire all the shares in LiveTiles under a scheme ofarrangement at a price of $0.07 cash per share (less any dividends ordistributions declared or paid by LiveTiles after the date of the Proposal) to befunded through cash reserves and a capital raise by Bigtincan.”
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Ann: FY23 Q1 Quarterly Activities Report and Appendix 4C, page-5
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