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Thread: RAK Rakon

  1. #1851
    Junior Member
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    Could be back into the top 50 at this rate.

  2. #1852
    Advanced Member
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    yeah lets just hope their arent any insider sales

  3. #1853
    Member
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    Wishful thinking----Amazon or AKM picking up a stake...

  4. #1854
    Junior Member
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    Yeah free float a bit on the low side unfortunately

  5. #1855
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    Robinson family holdings too large.
    Unlikely to change.

  6. #1856
    Senior Member moimoi's Avatar
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    Quote Originally Posted by Ex-CFO View Post
    Why would ACC sell after two upgrades on EBITDA. They have the best fund managers in their team.
    Think you'll find its Govt mandated. All Govt investment funds have to be out of anything nasty or unclean by 1 December... (ESG requirement...RAK's Space products division, although not the major part of the business, may have triggered the requirement)

  7. #1857
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    If that's the case I expect the Gumit to dispose of Pamu farms due to its dairy portfolio and the issues with that food stream on the famous 3 Waters. Or infant formula to China lest it be consumed by the children of Uighur detention guards. More than likely ACC are just getting some money back. After a very long wait..
    Last edited by SPC; 21-11-2021 at 06:22 PM. Reason: Spelling

  8. #1858
    Investor
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    Jul 2014
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    Quote Originally Posted by SPC View Post
    Robinson family holdings too large.
    Unlikely to change.
    And Siward still hold 12% after their recent selldown in July this year. Boy, they left a cool $10ml (almost) on the table from their sell down price of 88c to current 1.84 (as I type).

    Someone mopping most of free float available on market.

  9. #1859
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    $1.90 now and I’m sure by Friday will be over the $2.00 mark. Well done to holders.

  10. #1860
    Junior Member
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    Wellington
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    It might hit $2 before the half year announcement on Thursday. The momentum is still very strong. The next one to run might be PEB with a new CEO.

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