TGA 0.00% $1.17 thorn group limited

Ann: Somers Limited on-market takeover bid for Thorn Group Limit, page-11

  1. 197 Posts.
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    Somers will win this battle if there is no legal case to be made against them.

    There aren't enough engaged shareholders to shake up the board.

    I don't expect that a higher bidder will emerge.

    Somers have put a floor on the share price.

    If the un-engaged shareholders remain un-engaged and don't sell, then I guess status quo will be maintained.

    P.S. Someone needs to tell a story and make this a meme stock over at https://www.reddit.com/r/ASX_Bets/
 
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