RAK Rakon

[Greekwatchdog]

must be awfully complex to take six months to move a deck chair - wonder what part of the $1.70 is attached to a rubber band ?

Non binding - the whole deal could waltz out the door never to be seen again, before another movement in the deck chair mysteriously happens

Many will remember the STU Offer and how that vaporised, while the new rounds of boardroom coffee were being prepared

Sadly Robinson family have too much control and shareholders are screwed because of it. More of there self interests

[nztx]

Market doesn't like what they are seeing & hearing

RAK currently 0.89 - down 15%

[winner69]

Market doesn't like what they are seeing & hearing

RAK currently 0.89 - down 15%

Seems chance of being sold gone

So back to how good company performs now

F25 goingbto be great isn’t it?

[moimoi]

NBIP dead in the water by the looks...recent market pricing has been accurate.

We already know forthcoming FY24 results will be dismal.

Look out below here.

GLTA.

[SPC]

My take is to repeat my earlier opinion that the R's will never give up the family legacy and thus opining that such a 'complexity' - as seen by the potential bidder- makes the transaction problematic to progress ?.
The bidder will want 100% ownership. I don't think that outcome is likely, IMO.
Maybe the bidder should write to shareholders directly and state the basis of the offer?. I've seen that done before. But of course a blocking stake is insurmountable, unless the price is right to remove the blockage. I don't think it will be here.

[winner69]

Share price 62 cents when offer came

So even if it doesn’t go ahead at least given the share price a boost

[SPC]

I wouldn't be betting on it.. nobody else has rushed in, as yet.

[winner69]

“One thing [Senna] said that I think fits our situation quite well,” Altug offered, “Is he said: ‘you cannot overtake 15 cars when there’s sunshine, but you can when it’s raining’

Just reminiscing from a while ago

[SPC]

What about if there is some people standing in the roadway?

[moimoi]

It seems a bizarre world wherein the interests of a non shareholding potential acquirer are exclusively prioritised over the interests of the existing owners of the target company via the legalese of a confidentiality “agreement”. (Invariably not an "agreement" at all, more a non-negotiable requirement of the Johnny comes lately acquirer.)