middle.news

Why THL Rejected BGH’s $2.30 Offer and What It Means for Investors

7:37am on Monday 4th of August, 2025 AEST Tourism
Read Story

Why THL Rejected BGH’s $2.30 Offer and What It Means for Investors

7:37am on Monday 4th of August, 2025 AEST
Key Points
  • THL rejects non-binding $2.30 per share offer from BGH Capital consortium
  • Board values company well above $3.00 per share, citing undervaluation
  • FY25 underlying NPAT expected at lower end of $27M–$34.4M analyst range
  • Statutory NPAT likely to show loss due to $36M goodwill impairment and deferred tax write-offs
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Tourism Holdings Rentals (ASX:THL)
OPEN ARTICLE