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Qoria Shares Trade Below Merger Terms
Summary by sharecafe.com.au
1 Articles
1 Articles
Qoria Shares Trade Below Merger Terms
RBC Capital Markets analyst Wei-Weng Chen notes that Qoria’s shares are currently trading approximately 40 per cent below the terms outlined in its proposed merger with Aura, another technology company. Spot foreign exchange rates are adding a further 1 per cent headwind to the situation. Qoria provides cybersecurity solutions to schools, helping them to protect students online. The merger aims to create a larger, more competitive entity in the …
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