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83.0¢ task group holdings limited

I read their take in this sellout is $123 million dollars.I...

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bruham

5,291 Posts.

794

12/03/24

13:57

Post #: 72852498
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Originally posted by Baa_Baa: ↑

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.

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I read their take in this sellout is $123 million dollars.
I would be taking that as well, if I was in their position.

Sentiment changed from HOLD to SELL.

TSK Price at posting: 78.5¢ Sentiment: Sell Disclosure: Held
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(20min delay)
Last 83.0¢		Change 0.010(1.22%)		Mkt cap ! $295.7M

Open	High	Low	Value	Volume
82.5¢	83.0¢	82.0¢	$1.522M	1.851M

Buyers (Bids)

No.	Vol.	Price($)
1	19905	82.0¢

Sellers (Offers)

Price($)	Vol.	No.
83.0¢	90433	6

View Market Depth

No.	Vol.	Price($)
1	19905	0.820
4	483684	0.815
4	352790	0.810
1	10000	0.805
1	254214	0.800

Price($)	Vol.	No.
0.830	90433	6
0.835	180017	4
0.840	130902	4
0.850	75044	3
0.855	120468	6

Last trade - 15.59pm 06/06/2024 (20 minute delay)


Last 82.0¢			Change 0.010 ( 0.00 %)
Open	High		Low	Volume
82.5¢	82.5¢		82.0¢	68869
Last updated 15.54pm 06/06/2024 ?

TSK (ASX) Chart