13-06-2024, 10:32 AM
Interesting, Taiga went up 20% yesterday with trading volume of 146K shares (before you shout, it's peanut, this is the highest volumes in a year time, generally the volume is few 100 to below 50K).
To borrow the cliché, something is brewing?? haha.
At C$3.85, Taiga market cap is about C$400M.
Just for fun, I bet could be due to below:
Going to be buyout (either via privatisation by Avarga or Avarga selling their stake to someone else and then privatised).
If Avarga were to sell Taiga, what's left? CASH, tons of Cash but nothing much left but to follow the 3Cnergy way?
Sounds unlikely though.
I hold both, but my Taiga shares is now alot lesser after reallocated back to Avarga in this past 1 year.
Popping my popcorn in case got interesting show to watch
To borrow the cliché, something is brewing?? haha.
At C$3.85, Taiga market cap is about C$400M.
Just for fun, I bet could be due to below:
Going to be buyout (either via privatisation by Avarga or Avarga selling their stake to someone else and then privatised).
If Avarga were to sell Taiga, what's left? CASH, tons of Cash but nothing much left but to follow the 3Cnergy way?
Sounds unlikely though.
I hold both, but my Taiga shares is now alot lesser after reallocated back to Avarga in this past 1 year.
Popping my popcorn in case got interesting show to watch

My views are your Gilbert & Sullivan's:
"The flowers that bloom in the spring, have nothing to do with the case".
"The flowers that bloom in the spring, have nothing to do with the case".