Phew, wow, and oh my goodness.
Huge and most humble thanks to both @JP199 and @Antti_Siltanen !!
I admit I was completely in the dark that the situation regarding those receivables is this bad.
This is starting to remind me of the TEM1V case one-to-one (1:1).
As I have written, I believe in the product and its value-add for customers like a rock. I no longer believe so much in the company itself, or especially its leading insiders.
I am still strongly of the opinion that Biohit’s (BIOBV) international openings and approvals last year (UK, South Korea, India, Chile) especially build huge potential that is materializing right now.
This is mentally tough. I felt forced to reduce my holding by 40%. Ha, just after I had loaded back up to the max last Friday =).
There are (for me personally) too high risks here that the share price level will be driven down even lower before what I believe is a completely possible VMBO (buyout) offer is made. If I were even half sure that the offer I predicted with my tinfoil hat on could come, for example, at the current level or even after the price rose a bit from here, I would probably stay sitting on my hands and my whole position.
Now, however, it’s slowly starting to seem like 80s-style Wall Street is being cautiously tested in our small-town stock exchange.
It feels like there are already a few of these cases ongoing or starting. I wonder if some pantyhose-selling consultancy firm has found a “completely new and original” angle to advise their clients (and themselves at the same time) on how to make some faster BIG money?
Yep, I’m clicking BIOBV off my active price monitoring and will stop grinding out conspiracy theories (in this thread) at the same time.
Godspeed to everyone with this, great success!
Kiitos.
Edit(s).
- The word BIG added.
- Apology removed. I do stand by these thoughts, however. The thanks at the end still stands.