Rovio Entertainment

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I would guess that this is a case of so-called fixed-income investments. Since the redemption procedure is now underway, you receive penalty interest (currently 4% p.a.) on the shares according to the Interest Act for the duration of the redemption until the day the redemption is...
Although the day’s close was a moderate 9.235 EUR on a volume of just a few hundred, the daily average price was as high as 9.27 EUR and the turnover reached 761 kEUR. Over 25,000 shares were traded at 9.30 EUR or higher. I wonder if someone still has open shorts?
Interest is paid for the period of 22.9.2023 - xx.01.2024, i.e., for about 4 months. The interest rate for 2023 is 7% and for 2024 it is 7.5%. There’s a free lunch on offer here, as you get interest for the entire ~4-month period even if you bought the shares on the last trading ...
I wonder how quickly you could get your money out of this if you bought from the exchange now? You could pick up a pretty good-sized chunk at 9.175 immediately.
The Evolution Exchange Gaming Podcast featured an interesting interview with Rovio’s CEO Alexandre Pelletier-Normand: Topics included Alexandre’s background, the acquisition offers from Playtika and Sega, and the near future of Rovio and the gaming industry.
Trading is expected to be suspended during January, and at the earliest, the money (redemption price + interest) will be in the account in about 20 days, although at its slowest, this has taken over 100 days. Personally, I believe in the quicker payment, as a fair interest rate is...
Trading is likely to be suspended during January, so there is still a bit of time to buy an “option” on the price increasing in court (though this is very rare). Additionally, by buying now, you still get interest for the redemption period; I calculated that the redemption price ...
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