FYI from Tim Burrowes,
Content Director - Mumbrella on Saturday 24th August
Growthops: Hmmm
Growthops, aka TGO, or Trimantium Growth Ops is the other ASX-listed holding company that will be worth watching. Its most famous agency is AJF Partnership. It hasn't yet given an indication to the market on when it will release its numbers. Last year it did so in September.
TGO is currently trading at just 44c, well down on its $1.35 peak shortly after listing last year.
We received a curious email regarding TGO during the week, as it happens. Somebody seems to be trying to start a rumour that there's a takeover bid afoot. If the rumour is true, it might drive up the share price. That seems like a big IF though.
"IF" indeed... wondering what valuation the transaction comps would support here...?
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