At least 40% upside conservative sum-of-the-parts valuation
The company has recently announced a strategic review of its smaller but fast-growing, high-margin subsidiary. A clean separation from the legacy business could unlock value on both sides. A sum-of-the-parts valuation points to ~40% upside.
Two activist investors with substantial stakes are pushing to overhaul the board in the upcoming AGM to ensure the opportunity isn’t squandered.
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