Surprised someone hasnt bought it out..
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Surprised someone hasnt bought it out..
Mum and all her relies are standing in front of the oven door so it can't be bought out 😉
Lol this thread is classic.
Price range now into some sort of corporate activity territory...
My comments are more around the fact that, someone seem to be selling down even after such a strong performance by the company and with a decent outlook. With chip shortages still widely prevalent across the globe and the sectors these guys supply, surely they'll be attractive to some multinational giant and they can acquire the whole company at nice multiple if Robinsons are willing. And I'm sure they would be tempted by nice premium.
On the institution side of things, not sure if ACC are completely out or still have some stake as they were the ones offloading before.
Thanks for your post. Yes agree with the above. Looking forward to the investor day presentations they promised with better guidance for the years ahead. shouldnt be too far away.
RAK in a very good space right now. Wish they would push more into the defense industry. Suppose thats not allowed for a NZ company. Too many greenie people would jump up and down
With current P/E multiple of around 10 or so, its nuts for chip maker in that space.
That's my point too them expanding into Defense sector, as long as they are NZX listed they've limited ability, hence the founders might be frustrated and would be tempted if there was to be mouth watering offer on the table.