Finweek English Edition - - TECHNOLOGY -

Protech Khuthele hit back at the 60c un­so­licited of­fer from Eqstra with an in­de­pen­dent val­u­a­tion of the com­pany at 79c-88c. A wide range, but in light of the last stated net as­set value and tan­gi­ble net as­set value for Protech, and chat­ting to CEO Antony Page, I got the im­pres­sion that maybe there would be a trad­ing up­date on SENS that would show that the turn­around im­ple­mented in the last year or so is start­ing to work.

The Protech year-end is Fe­bru­ary; a trad­ing up­date could be some­time late April, so Protech share­hold­ers maybe shouldn’t be in any hurry to ac­cept the Eqstra 60c of­fer just yet.

Protech Khuthele Hold­ings

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