RBD - Restaurant Brands

[Toddy]

Why FMA is not investigating the trading on RBD? There are a lot of small sellers and buyers.... perhaps done by big traders....?

Retailer traders will get trouble but not big collar criminals??

Right after they investigate MFB and CRP trading. Very suspect trading patterns.

[X-men]

https://www.nzherald.co.nz/business/...CPZZWYAFVCA3Y/

"Depressed share price is typically near top of a list criteria" said Singh

Well...this sick puppy fits the criteria...lol

[Toddy]

Why not. If Kiwis don't want to invest capital and back their own then let the foreigners take it all.

[X-men]

Alhamdulillah....I agreed with U!! Finally.... someone agree with my opinion!

[Panda-NZ-]

Finaccess capital has 75% of the RBD shares (mexican company) and would have to agree to sell their stake at a loss.

[Snoopy]

Finaccess capital has 75% of the RBD shares (mexican company) and would have to agree to sell their stake at a loss.

If anyone was to make a full takeover offer it would be Finaccess. But when they took that 75% stake they made it clear that it was their policy in such controlling takeovers (they had done others) to maintain a listed presence to help in the discipline of running the business going forwards.

Some on here have hinted that the plunging share price and subsequent mini recovery is evidence of someone building a stake to make a takeover offer. I suggest this is nonsense. There is no reason for Finaccess to sell out to a third party, and there is good reason for them not to mop up the remaining shares. Takeover rumour spreaders are simply squiggly line followers who have not done any homework.

SNOOPY