RAK Rakon

[nztx]

It’s still worth $150m today ….what’s $250m between friends

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

[sb9]

Wonder if todays announcement abt new contract would spark another round of interest from potential bidder.

[nztx]

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

[beetills]

Former RAKON CFO now with MCK

[ronaldson]

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

Above from 27 June. On-market price this morning is 88c. That is quite a lift in % terms in just a month. Clearly a re-rate, and perhaps more bubbling away beneath the surface?

[Mel]

Above from 27 June. On-market price this morning is 88c. That is quite a lift in % terms in just a month. Clearly a re-rate, and perhaps more bubbling away beneath the surface?

Interestingly, about a week ago, their recently appointed CFO resigned with immediate effect. But yes, the share price uplift might be representative of some positive progress.

[flyinglizard]

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