Melco Holdings chair has bought 14.3% of Base, Inc on margin for his personal account. He has done similar things a few times in the past. Base may put up a poison pill. Be aware of the possibilities.
What is covered in the Full Insight:
Introduction to BASE Inc and Recent Activities
Background of BASE Inc's Operations
Recent Developments and Share Purchases by Hiroyuki Maki
Market Considerations and Potential Outcomes
Concluding Thoughts on BASE Inc's Investment Potential
Boomeranged on Tue, 5 Aug 2025 12:06
Maki-san launched his tender at ¥400 on 7 May, 7 weeks after I wrote this as a sell at ¥496. The shares were higher. They came down. The company objected 15 May. He then extended it from mid-June to end-July. Then on 30 July, he extended to 14 August and raised the price from ¥400 to ¥407. He might get his shares. Other shareholders don't seem to care enough to push the stock higher anymore.