Tejoori

Tejoori 37C Tender Offer – Don't Accept, Its Worth Almost Double…

Just got a notice from my broker – Hargreaves Lansdown that there has been a 0.37c tender offer for all of Tejoori from Southey Capital Ltd.

 

There havent been any RNS’s about this so many in the market may not yet know.

I have had a think about this and I won’t be accepting.

I recon fair value of Tejoori is probably anything from 0.64-0.76c per share.  All cash or wakala deposit (almost as good as cash).  I am not prepared to accept half what Tejoori is worth to get money back now.

There . . .

SORRY!

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