Company Report
Last edited one year ago
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#Take Over!
stale
Added one year ago

Really not sure what to make of this?

@PinchOfSalt i hope you got in a few months ago. Tidy little 100% profit.

For the long term holders who got in at much higher prices this might be bitter sweet.

ANNOUNCEMENT:

Melbourne-headquartered cybersecurity firm Tesserent was up 145 per cent at lunch after announcing it would be taken over by French multinational Thales for an equity value of $176 million.

Tesserent and French multinational Thales have entered a binding scheme implementation deed (SID) at 13 cents/share, a per cent premium to the closing price on Friday.