Link’s Lower Offer of A$4.30 from DND Fails to Excite

DND's lower offer of A$4.30 smacks of opportunism. The Board should reject the lower offer and instead go it alone and reignite interest from past suitors.

Dye & Durham/DND has proposed to lower its offer from A$5.50 to A$4.30 per share. The Link Administration (LNK AU) Board will provide shareholders with an update next week.
DND's justification for a lower offer based on the potential undertaking to the ACCC and the current state of the financial markets smacks of opportunism.
The proposed lower bid offers no premium to our valuation range or the undisturbed price. The Board should reject the lower offer and instead reignite interest from past suitors.

Full analysis here:- https://www.smartkarma.com/insights/link-s-lower-offer-of-a-4-30-from-dnd-fails-to-excite?utm_source=tiger_community

By Arun George, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/arun-george?utm_source=tiger_community

On Link Administration (LNK AU):- https://www.smartkarma.com/entities/link-administration-holdings-ltd?utm_source=tiger_community

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

JC888
2022-06-28
JC888
At these times either hold back n IPO at a later date or adhere to planned pricing. Lowering it makes investor lose confidence in it. Agree?
bluesea520
2022-06-28
bluesea520
thanks for sharing
xuany
2022-06-28
xuany
[龇牙] [龇牙]
xiaobaii
2022-06-28
xiaobaii
like & comment please
Svengers19
2022-06-28
Svengers19
Thanks for sharing
yeetmin76
2022-06-28
yeetmin76
Thanks for sharing

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The Link Administration (LNK AU) Board will provide shareholders with an update next week.</li> \n <li>DND's justification for a lower offer based on the potential undertaking to the ACCC and the current state of the financial markets smacks of opportunism. &nbsp; &nbsp;</li> \n <li>The proposed lower bid offers no premium to our valuation range or the undisturbed price. The Board should reject the lower offer and instead reignite interest from past suitors.&nbsp;</li> \n</ul> <p>Full analysis here:- https://www.smartkarma.com/insights/link-s-lower-offer-of-a-4-30-from-dnd-fails-to-excite?utm_source=tiger_community</p> <p>By Arun George, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/arun-george?utm_source=tiger_community</p> <p>On Link Administration (LNK AU):- https://www.smartkarma.com/entities/link-administration-holdings-ltd?utm_source=tiger_community</p></body></html>","htmlText":"<html><head></head><body><p><b>DND's lower offer of A$4.30 smacks of opportunism. The Board should reject the lower offer and instead go it alone and reignite interest from past suitors.</b></p> <ul> \n <li>Dye &amp; Durham/DND has proposed to lower its offer from A$5.50 to A$4.30 per share. The Link Administration (LNK AU) Board will provide shareholders with an update next week.</li> \n <li>DND's justification for a lower offer based on the potential undertaking to the ACCC and the current state of the financial markets smacks of opportunism. &nbsp; &nbsp;</li> \n <li>The proposed lower bid offers no premium to our valuation range or the undisturbed price. The Board should reject the lower offer and instead reignite interest from past suitors.&nbsp;</li> \n</ul> <p>Full analysis here:- https://www.smartkarma.com/insights/link-s-lower-offer-of-a-4-30-from-dnd-fails-to-excite?utm_source=tiger_community</p> <p>By Arun George, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/arun-george?utm_source=tiger_community</p> <p>On Link Administration (LNK AU):- https://www.smartkarma.com/entities/link-administration-holdings-ltd?utm_source=tiger_community</p></body></html>","text":"DND's lower offer of A$4.30 smacks of opportunism. The Board should reject the lower offer and instead go it alone and reignite interest from past suitors. Dye & Durham/DND has proposed to lower its offer from A$5.50 to A$4.30 per share. The Link Administration (LNK AU) Board will provide shareholders with an update next week. DND's justification for a lower offer based on the potential undertaking to the ACCC and the current state of the financial markets smacks of opportunism. The proposed lower bid offers no premium to our valuation range or the undisturbed price. The Board should reject the lower offer and instead reignite interest from past suitors. Full analysis here:- https://www.smartkarma.com/insights/link-s-lower-offer-of-a-4-30-from-dnd-fails-to-excite?utm_source=tiger_community By Arun George, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/arun-george?utm_source=tiger_community On Link Administration (LNK AU):- https://www.smartkarma.com/entities/link-administration-holdings-ltd?utm_source=tiger_community","highlighted":2,"essential":1,"paper":2,"likeSize":93,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9046232751","repostId":0,"isVote":1,"tweetType":1,"viewCount":1556,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":928,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":102561019,"gmtCreate":1656367166793,"gmtModify":1663252851972,"authorId":3570103090255456,"author":{"id":3570103090255456,"authorId":3570103090255456,"name":"JC888","avatar":"https://community-static.tradeup.com/news/f3e3c0218599fca5c4e265ddbee1fb32","vip":1,"currentWearingBadge":{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.08.31","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2007},"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.10.04","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"},"individualDisplaySort":0,"categoryType":2007}]},"repliedAuthorId":0,"objectId":9046232751,"type":1,"supId":0,"prevId":0,"content":"At these times either hold back n IPO at a later date or adhere to planned pricing. 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