Frontrunning, expectation resets and callibration/consolidation
Have you looked at Talgo SA (TLGO)? There is a bid from an Hungarian peer that is not really appreciated. Management is no shopping for an alternative (hopefully higher) bid. At current price it looks asymetric to me.
I haven't. Any write-up you recommend I read?
I am not aware of any write-up. We probably have to do the work ourself? ;-)
Have you looked at Talgo SA (TLGO)? There is a bid from an Hungarian peer that is not really appreciated. Management is no shopping for an alternative (hopefully higher) bid. At current price it looks asymetric to me.
I haven't. Any write-up you recommend I read?
I am not aware of any write-up. We probably have to do the work ourself? ;-)