Replies to post #73 on Rubicon Technology Inc (RBCN)

[Enterprising Investor]

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.