I still believe these have the potential to at least double in price from these levels if not triple and more, but then I have thought that for a very long time.
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I still believe these have the potential to at least double in price from these levels if not triple and more, but then I have thought that for a very long time.
Until the share register opens up with fewer dominant shareholders so that institutions find a place and until there is some indication of external interest in ArborGen, it is hard to see the share price reflecting underlying value.
Good buying biker, rewards are coming for those who position themselves as contrarians. The way I look at it the guys running this show aren't getting any younger and will want to produce the promised "liquidity event" before they're completely knackered.
Hahaha PP. Hadn't quite seen it that way but they do have quite a bit of 'skin in the game'
They certainly did,so not many sleeps until we will be a lot wiser and possibly wealthier.
Aside from the Arborgen prospect it will be interesting to see whether Rubicon directors are able to squeeze out a wee dividend. Clearwood must be humming along sweetly so it would be feasible to pass along some of those profits. It wouldn't take too much to turn RBC into a decent dividend yield stock at current SP!
Rubicon in its wisdom changes balance date from June to September.
https://nzx.com/companies/RBC/announcements/301928
No hint of reason given for the change. Presumably shareholders are not worthy of such explanation.