MIDAS VERDICT:

Midas recommended Ten at £2.41 in 2019 so today’s £4.12½ bid comes as a tasty treat and some shareholders may choose to sell out now, with the price closing at £4.10 last week. But Trive’s offer highlights a disturbing trend, where American companies see value in thriving UK businesses, even as they are spurned by domestic investors. Food for thought.