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