Aug. 13 at 11:09 PM
$SPT this will keep running….
$18 by next earnings call if they just deliver on their numbers and from there
$30/
$35 in late November in anticipation of 10/1 voting rights expire (Dec 17)
$50M stock buyback approved to protect a low ball takeover. 20% of staff being layed off to save
$50M more. 1xARR is pathetically low even for a SaaS that actually is incorporating AI functions they acquired.
Adobe had been rumored to circle late last year and I’m sure more parties will show up for a nice bidding war