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Enterprising Investor

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Re: Enterprising Investor post# 73

Tuesday, 10/24/2023 1:16:48 PM

Tuesday, October 24, 2023 1:16:48 PM

Post# of 91
Janel Corp. controls 46.6 percent.

On August 19, 2022, Janel acquired 1,108,000 shares at a $20.00 per share.

I expect Janel to gain full control in late 2025.

Why wait?

RBCN has significant TDAs - $189 million in NOLs at 12/32/22. As a 5-percent holder, Janel has to wait three years.

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, Founder and CEO of Harwood International

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Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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