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Why THL Rejected BGH’s $2.30 Offer and What It Means for Investors
7:37am on Monday 4th of August, 2025 AEST
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Tourism
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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
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Tourism Holdings Rentals (ASX:THL)
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