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Last edited 4 months ago
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#Takeover offer
Added 4 months ago

So what seems like a never ending takeover proposal continues to get interesting. Roughly 9 months ago PSQ received a takeover offer of $1.40 from Genesis Capital. This has been bumped up several times and today NDC have lobbed a $2.05 offer on the table and the board has subsequently recommended the new offer. It will be interesting to see what Genesis do as this is quite a significant bump in price from $1.40 that was initially offered. Either way they have done well as their current holding has significanlty been boosted in value.