Moss Bros (LON:MOSB)
Does anyone have any thoughts about the proposed take over bid for Moss Bros? I have owned these shares for a number of years and although they have had a tough time the last couple of years plus the costs sprucing up their stores I think the business is being undervalued by the offer. Although it does represent a premium on the low during the COVID-19 panic the offer is well below the net asset value per share and I don't think takes into account any intangible value either.
Thoughts?
Thanks,
Andrew