TTJ Holdings

[(cy)]

quite frankly, if they wanted to privatise the company, they can do it easily with the cash on their balance sheet. they certainly have more than sufficient to do so if LBO is on the table. by holding on to almost 85% of the shares (excluding what other management might hold), there is no urgency for them to push up the share price as they would certainly want to do it at the cheapest cost.

separately, if privatisation is not on the table, then they need to decide how to improve liquidity by disposing his vendor shares to the public or strategic investor, etc.