Microequities Monthly update mentions Bulletproof

In their November update - released today Microequities had this to say about Bulletproof.

"The Fund also received a takeover proposal from Macquarie Telecom (ASX:MAQ) for Bulletproof (ASX:BPF). Whilst Bulletproof represents a relatively small investment for the Fund based on the current share price, we deem the current offer by Macquarie Telecom to be unsatisfactory and note that the management accounts, as published, in the bidder’s statement show a noticeable financial turnaround in the business in 1Q18."