RAK Rakon

[kiwikeith]

Offshore money to the rescue. It's a fantastic offer.

The NZX lack of capital scares me with talk of 2024 Bay of Plenty Regional Council selling down Pot, Christchurch Council assets on the block, Wellington Airport and Auckland City Councils Ports of Auckland etc

How does it all end? We become the Jamaica of the south pacific - tenants in our own country. Go to Jamaica where all the big hotels are foreign owned but staffed by locals earning modest incomes.

[moimoi]

How does it all end? We become the Jamaica of the south pacific - tenants in our own country. Go to Jamaica where all the big hotels are foreign owned but staffed by locals earning modest incomes.

Dont have to go to Jamaica to see that.

A trip to National Park in the central north island will confirm that.

GLTA

[Toddy]

Dont have to go to Jamaica to see that.

A trip to National Park in the central north island will confirm that.

GLTA

Im guessing that's what you are left with after building Sky Wakas as opposed to drilling for oil and gas.

[Toddy]

Rise & shine, Rakon holders! It's day two of happiness! :-)

They would have all been too excited to sleep.

[Toddy]

And I'm one of them lol.....!

Enjoy!

I've reverted to watching reruns of Gold Rush to remind me that you have to be in to win.

[Sideshow Bob]

They would have all been too excited to sleep.

I beat the buyers who bought in the 2 trades of 10k and 39k yesterday morning pre-halt would be the same.....!!

But it is Rakon - so sure they'll make a mess of it.....

[winner69]

The offer probably ‘opportunist’ and ‘ materially undervalues Rakon’s business’

[Sideshow Bob]

Yep lol.......... The way I look at it is what are the odds between success (either a better offer accepted and done, or the current one accepted and done) vs Total F Up. And I have to say imo it's 50/50 lol....

The ideal scenario is that it flushes another offer out.

GLTHA....!!

[Toddy]

The offer probably ‘opportunist’ and ‘ materially undervalues Rakon’s business’

Yeah. All of my investments are currently materially under valued.

What value did Forbar and Jarden have on Rakon prior to this offer?
.

[tomm]

So... HOLD OR SELL....????