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Hot Topic EARNINGS
Investment
2 mins to read
1

Rakon’s mystery $1.70 bid ‘appears opportunistic’ – Forbar

Offer represents a 174% premium to the undisturbed share price, but analysts says it’s at the bottom of the cycle.

Rakon’s Auckland headquarters and manufacturing facility.

Will Mace Tue, 12 Dec 2023

A $1.70 per share takeover offer for Rakon has been characterised as “opportunistic” by Forsyth Barr analysts James Lindsay and Will Twiss.

In a research note released today, the analysts refer to the NZX-listed company’s announcement yesterday that it had received a non-binding, indicative

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Will Mace Tue, 12 Dec 2023
Contact the Writer: william@nbr.co.nz
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4

Rakon shares rocket on $1.70 indicative takeover proposal
Investment

Rakon downgrades guidance as inventory and 5G issues linger
Investment

Rakon CFO resigns immediately, replaced by ex-Two Degrees CFO
Investment
2

Rakon investors question need for director fee pool increase
Investment

Rakon CEO says economic downturn is perfect time to pounce
Company profile
Powered by: nzx logo
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Related News
Investment
4

Rakon shares rocket on $1.70 indicative takeover proposal
Investment

Rakon downgrades guidance as inventory and 5G issues linger
Investment

Rakon CFO resigns immediately, replaced by ex-Two Degrees CFO
Investment
2

Rakon investors question need for director fee pool increase
Investment

Rakon CEO says economic downturn is perfect time to pounce
Rakon’s mystery $1.70 bid ‘appears opportunistic’ – Forbar
Investment,
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