Alpha Growth Takeover Rumours (ALGW)

The problem with quality mcaps on the main market is they are ignored by traders and investors unless they move sharply. 90% of contributers on advfn will log on in the morning. Dump any non movers they own to chase the days top mover. Algw has an abundance of cash. Is debt free and if it gets anywhere near its target of 2b aum will be a cash machine and a takeover target for a larger company who wants the aum.

Wonder what sort of takeover price we'd be looking at? 10p minimum I reckon.

I seem to remember the original plan was to build the business up to a certain size, at which point it would be attractive to be taken-over by a larger player. If they hit the $2 billion AUM target by 2025 as intended, that would imply a takeover some time next year. One of the directors also said he saw the eventual MCap at $100m+.