According to the valuations done by W Capital, the independent financial adviser, the company's fair value ranges between 24.6 cents and 28.8 cents per share.
W Capital, the independent financial adviser to the privatisation offer of Ossia International (SGX:O08
) , says the offer by the controlling Goh brothers is "not fair" but "reasonable".
Even then, on balance, minorities should accept the 16 cents per share offer, a premium of 41.59% over Ossia’s last traded price of 11.3 cents on May 9.
