NTO nitro software limited

Can't understand how the board still believes its good value?...

  1. 39 Posts.
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    Can't understand how the board still believes its good value?

    When they rejected the Potentia offer they were saying how discounted the offer was compared to 12 months ago.... whereas with this Alludo offer they are now saying its a 'premium' to the 1 month VWAP... without any mention of the value it was 12 months ago. Just seems like there's no consistent valuation comparison.

    What a shame if this goes ahead in my opinion. At a time where all tech companies have been hard hit, seems like there is no long term view of where this business could be and the significance it holds in the future of remote and efficient workflows.

    FYI - I'll likely break even on my investment... just so disheartening I purchased this 2 years ago with a timeframe of 5-7 years knowing the long-term benefit this business will provide to its customers.
 
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