DRAGONEER GROWTH DL-,0001

A consortium of Amwins and Dragoneer is offering A$7.7bn including debt for Steadfast and will pay A$6 per share, about a 52% premium to the closing price. The stock then rose more than 36% to A$5.38, wiping out year-to-date losses. The board has agreed to a confidentiality and exclusivity agreement and plans to recommend acceptance to shareholders; a previously announced buyback program has been cancelled. Earlier offers were A$5.50 and A$5.83; the offer follows a volatile period after the CEO Robert Kelly was briefly stripped of and then returned to his role. » More on de.investing.com

The share of Dragoneer Growth Opportunities Corp hit a new 52-week low at $4.57. Over the past year the price fell 46%, with 35% of that decline occurring in the last six months alone. Data from InvestingPro still place the stock on the list of most undervalued names despite the drop, while investors watch the company’s ability to restore confidence in the volatile market. » More on de.investing.com

Shares of Dragoneer Growth Opportunities Corp hit a new 52-week low of $8.14 after losing 24.35% year-to-date and plunging 10.37% last week. Analysts confirm a consolidated buy recommendation with a high price target of $14. Although the company was not profitable over the past twelve months, analysts expect EPS of $0.36 for this year and a return to profitability. » More on de.investing.com