I see. Do you think they have mandates to sell when the position grows quite a bit? If they were in at 25c then it's increased a lot. Although I'm not sure what their average price would be. There's also the elephant in the room regarding Rakon's work with defence that might not sit well with some funds.
In terms of the business' growth being one-off, I personally don't believe that is the case. The one-offs are coming mostly from the Positioning division, which is their smallest. So even if they don't recoup the same share going forward, they'll retain some and the slack will be taken up from 5G growth - IMO.
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Last
75.0¢ |
Change
0.000(0.00%) |
Mkt cap ! n/a |
Open | High | Low | Value | Volume |
75.0¢ | 75.0¢ | 74.0¢ | $5.934K | 7.989K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
0 | 173 | 74.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
75.0¢ | 20000 | 0 |
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