I've had a modest investment in RKN for a few years now and it has been not your average investment.
Recently they split off their UK business and now I have some shares in Getbusy a uk listed entity (I'll have to relocate some paperwork I think I received on that). Don't remember how many shares or what they are worth much less how on earth to sell.
Now they are selling off a the major part of the body and we will be left with possibly only a leg or an arm remaining. So I will end up owning a tiny part of one limb. Ok it seems they might be getting a decent price for the head and torso being sold.
Overall however they might be maximising shareholder value however I propose that they have been doing it via financial engineering rather than management of the overall entity and long term growth of the entity.
It does seem that management made a decision a couple of years ago that they were the smallest fish in the pond and would not grow significantly and could ultimately be in danger unless they did this re-engineering.
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