Another set of sharper drums must still be sitting in the cupboard out of sight for when conditions are more favourable, on one undetermined foggy day in the future when not many will be stirring and a deal is to be had to surpass all before it ;)
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Wonder if todays announcement abt new contract would spark another round of interest from potential bidder.
may do
Remember - "Rakon is a world leader in advanced frequency control and timing solutions for communications where speed and reliability are paramount."
At 70c close today - sympathies go out to stakeholders who may feel they have been mounted, ridden over & flattened into the pavement in a precise, timely, advanced manner from above, of recent times ;)
Former RAKON CFO now with MCK
https://businessdesk.co.nz/article/m...tchdog-inquiry
The bidder is Nasdaq-giant Skyworks (SWKS), Apple Supplier.
According to Market Screener on 10 Dec 2023, the offer was NZD$ 420 million
https://www.marketscreener.com/quote/stock/RAKON-LIMITED-6498803/news/Skyworks-Solutions-Inc-made-an-offer-to-acquire-Rakon-Limited-for-NZD-420-million-46102475/
leak? public information since 10 DEC 2023 on market screener website. only one minute google search.... it just popped out