Market's view on Fireangel

Published on April 2024

  • The discussion includes concerns about the company’s previous management decisions and their impact on the company’s performance, with some stock watchers reflecting on their personal experiences of financial loss.
  • There are mentions of a significant drop in the company’s reputation due to the decision to use lower quality components in their products.
  • Concerns are raised about the implications of the company’s business decisions, ownership, and partnerships, especially in relation to international perceptions and safety regulations.
  • Stock watchers are discussing the potential outcomes and implications of a bid on the company, with varying opinions on whether it will proceed or lapse due to recent complications.
  • There is significant discussion about shareholder reactions to the bid, including dissatisfaction with the offer price and speculation about possible further offers or the need for a counteroffer.
  • The handling of warrants in relation to the acquisition is also a key topic, with stock watchers seeking clarity on the process and expressing concerns about the lack of communication and procedural mess.
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