Having previously announced that it was “engaged in discussions” following a 24p per share possible offer, Red24 (REDT) has now further updated as an initial Takeover Panel deadline came into play. the shares are now 24p mid which is not bad as we tipped it just about six weeks ago at a 19.75p offer.
Having tipped shares in red24 (REDT) two weeks ago, noting that the valuation, at a 19.75p offer price, looked undemanding for a company with a positive outlook and strong balance sheet a competitor business would seem to agree…
Red24 (REDT), the security specialist, is in preliminary discussions regarding a possible offer from iJet International. It looks like there are still quite a few hurdles to cross, so might it be worth speculating in the shares at this point?
If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at shares in AO World (AO.), Northern Bear (NTBR), Red24 (REDT) and set share price targets for all three
If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at 7Digital (7DIG), CML Microsystems (CML), Red24 (REDT)
Shares in provider of a range of services to help organisations and individuals manage security and business risks, Red24 plc (REDT) have recently declined to a current 11.375p from 15.5p on the back of a decision of a major customer “to make changes to the products that they offer”. I review the situation in the following.









