I agree, I think the Houdens (not management, I mean the parents and the trust of the Houden elders) are doing a cop out selling so soon before TSK hits the big time, they could make a truckload more money if they just let TSK / Plexure grow over the next few years.
That's the problem with investing in basically 'family owned' business (since the Plexure / TASK merger), especially when the family owners are at retirement age, they just lose interest and say, "hey we made a few 10's of millions", time to sell and retire rich. Us minnow investors are left with a 5x revenue buyout which is ridiculously cheap imho.
I'll be voting NO if this goes ahead, but even though I have a decent pile of shares for a retail investor, it's not going to change their mind. Bloody disappointing the journey with TSK ends here and some US company buys us out at an incredible bargain price.
I agree, I think the Houdens (not management, I mean the parents...
Add TSK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
80.0¢ |
Change
-0.020(2.44%) |
Mkt cap ! $285.0M | |||
| Open | High | Low | Value | Volume |
| 81.5¢ | 81.5¢ | 80.0¢ | $2.492M | 3.078M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 511234 | 80.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 81.0¢ | 187558 | 2 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
|
|||||
|
Last
80.5¢ |
Change
-0.020 ( 1.83 %) |
||||
| Open | High | Low | Volume | ||
| 81.0¢ | 81.0¢ | 80.5¢ | 60000 | ||
| Last updated 14.15pm 10/05/2024 ? | |||||
| TSK (ASX) Chart |