ALU 0.55% $38.21 altium limited

takeover offer and outlook

  1. 137 Posts.
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    Altium should do well now, the outlook in the
    presentation looks good (Altium haven't made a
    habit of saying much about the outlook in the
    past).

    Also the announcement of a take over offer
    yesterday, no price started, just "multiple
    of Altium’s sales for the full financial
    year 2007/2008" which I think was about $60
    million AUD.

    The market capital of ALU yesterday at open
    was around $37 million.

    If the offer was a multiple of 2, then that
    would be about $120 million, or $1.36 per share.

    Any comments ?

 
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