Tern Takeover Rumours (TERN)

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Tern Takeover Price

Tern Takeover Forum Posts

If Wacko Jacko was right, then there would never be a company takeover in the world. Lol..Imagine Facebook saying no to Whatsapp because insiders were selling..
The only comfort we have with 'it has cost us all money' is that the size of the exit ticket (thanks to Intel's SDO) now looks many times bigger that what we could have hoped for. On the other hand, maybe DA don't want to be taken over. With their generic approach maybe they'll keep on attacking all the verticals (eg healthcare, connected cars, security cameras, insurance, ...) and resist takeover by 1 single major. Or attack the verticals thru' spin-offs with similar names, if the parent DA gets bought by say Intel or Digicert. .
Racoon you are mixing up companies!The funds for DA and there use are specifically set out on US Cap site - listing on Nasdaq is not down as one of those!However in time if no takeover occurs it would be likely an IPO will occur.
MMs seem quite happy to sell shares at 6.2p (under mid price) and I can only think that is because they are filling a sell order. I believe it to be Canaccord selling out of their inherited investment here. That is not necessarily a bad thing, they will not have taken much of a view of it, they will just have their own favoured investments and when you takeover another investment house, the time to clear the books is straight away..... If anything it gives new investors a chance to buy in at depressed prices and also a chance that we will see a coiled spring effect when they get close to finishing their selling. DYOR!
TroutyMike's revised figure of 21% appears correct to me so I'm not sure why you are accusing him of lying? That's if you include the outstanding CLNs of course.Add on the 10m options, if they come into play, and they up to circa 26%. And don't forget their old friend the ex-director MC holding 5.5% and Jon Penney holding a few too.So coming back to Mike's original point about no hostile takeover, then he is likely correct again..
That is right about the up days here most buyers were off this thread and posting about their buys etc, now some are posting about their sells hence the downward movement, will settle somewhere soon possibly at 7p , we will have to see how the U/S placing goes before anything hasty from me and many others I guess,still think there is a good chance at these levels of takeover interest won't suit some here but me I would gladly leave the building at level play which is about 9.5p.
Any offers by law have to be posted to shareholders by way of RNS, they are not in any position to deny a takeover because they don't like it, so there has been none that has to be factual.
Still Waiting 21 Jul '15 - 09:24 - 901 of 72881 0 0 tyrano, I'm suspecting an out of the blue straight takeover as well. ................ Meanwhile 2 years back and he is Still Wanking over the share. I think that the probability is he is merely a naive twerp with delusions of grandeur, lauding it over anyone on his thread - aka his life- who dares to contradict him, by censoring their posts. Add to that his obvious search for " friends", and we get a sad lonely, probably depressed no mark penny punter, banging 18hours a day on his keyboard. He needs all the help from social services to conquer his mental disability.
If any offers for the company are made they have to make it public, it is price sensitive info so has to be made public surely, don't think A/S and co can just brush aside anything because they don't like it we own the company us shareholders and we decide if it is a good enough offer. . From Google.. So what happens when our mythical company SuperChip PLC makes a takeover bid for MicroChip PLC? Once the target company is notified of a takeover offer, it should immediately issue an announcement giving the terms and conditions of the offer. This might either be for cash, or for shares with a cash alternative. Trading of the company’s shares may be temporarily suspended pending the announcement.
Still Waiting 13 Aug '17 - 16:52 - 72116 of 72119    0   0 JP doesn't have those 25% now, he has agreed to be diluted by issuing more b shares to key personnel that help grow the business and who will eventually get rewarded on takeover or float etc. That is interesting; I must admit to missing that; this is what I was going by:- From rns 21/4/16 The executive of Cryptosoft hold non-voting B shares which are entitled to 25% of any sale proceeds, in the event that Cryptosoft is sold, net of all new investment and costs. Can you tell me what his share will be now please, in the event that Cryptosoft, (now Device Authority) is sold, as I can't seem to find any info on that.
JP doesn't have those 25% now, he has agreed to be diluted by issuing more b shares to key personnel that help grow the business and who will eventually get rewarded on takeover or float etc.
Any takeover we get 75% the old holders get the other 25%, we have 57% of a real going forward concern, someone will want it for sure but for how much? If someone tried to buy D/A the other way we would get around 44%(57% less 25%) of any deal that way that is holders here, hard to say what the total shares would be if this is taken over remember we have warrants and options that could be used if this starts really moving,all in all looking very good for some real money to be made any which way whatever happens.
Good find MikeThere have been a number of articles saying DA is hot property and ripe for takeover so the negative comments just highlight the desperation of fake holders
hey next week starts tomorrow-------------------cant wait---------millions/billions-------------mm desparate for stock--------tree shake----------da takeover on the horizon----and unckle tom cobly and all.----------more pleadind for news that is not there to give--------more money needed-------EARNINGS/CONTRACTS? dont be silly.
At a normal AIM company with results coming in July, they would be working really hard right now to put out a contract-type rns on say June 10, another on June 30 so that, by the time the results come out, the tern SP would be at around 30p, and everybody smiling. then the results would cause a real shoot-up to say 50p, and tern would be a rising star on AIM. IoT security and cybersecurity are really HOT markets, after all? Looking, however, at the Management we have at tern these past 2 years I think we will get just a 10-line results rns and the share price will stay flat. Mainly because the rns will have no meat on the bone, claiming that revenue data is off limits within the private company DA. So the tern investor will have to wait till say Autumn this year.... till the takeover and the ultimate stage 3 payout. A sleeper (bottom draw share) till then, I think. Harsh I know, but that's how I see it...
Another crap week ends here but still the this is worth 100 million or so brigade keep on, never ever have I seen an S/P of 8p turn onto 100p overnight it just does not happen even 100% lifts on takeover are rare putting us at 16p on takeover news, A/S is killing the share every week he keeps quiet, bring back A/F in the chair at least he did do some talking even if it was a load of bollox.
Goldfinger ,,You seem very naive about AIM stocks , been shafted plenty of times never ever trust management on AIM, holders are always treated badly by management on most of the AIM stocks I ever held. If this is the bees knees the Rolls Royce of IoT security why the hell ain't takeover buyers all over it ???
SW talks about stage 3 where stealth mode persists, with increasing 'land grab' Maybe 3a is where bids come in to buyout DA, and DA shrugs them off as being too low. Maybe 3b is when they finally concede. Do we reckon that 3a has started already? My only fear is that if a major vendor (eg DEL, Intel, .. ) swallows up DA (with DA losing its name) then some of the (24?) verticals might not appeal to the acquirer... and might be ditched (eg oil&gas, surveillance, ...). The best scenario is where DA would have the freedom to enter whatever verticals it wants, even after the takeover.
Last word on the subject that is why I believe A/S has to keep the market up to speed with whatever D/A are doing so the share price reflects it, and any takeover action will have to be worked against that.
wardy, you are correct to an extent when you mention takeover premiums being no more than 100 or 200 per cent of the existing share price. HOWEVER, that only applies when the acquired company is itself listed and the sp is more or less up with events albeit a couple hundred per cent off. This is ultimately a takeover of an unlisted entity with no official obligation to tell anyone how business is progressing. As such, anything related to it (in this case TERN), could in fact be many many multiples out of kilter (as all of us on this bb know). Any buy out therefore will bear no resemblance to anything currently priced. (I think you know this mate).
Wardy it will not be a takeover, it will be a private company being bought for whatever price someone is willing to pay for it. Al
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