Holy ****, I really hope Ajinomoto doesn’t give into these activist shareholders.
WSJ finally broke older news that: “Palliser Takes Stake in Ajinomoto, Urges 30%+ ABF Price Increase” (major chokepoint)Yeah, I did the same with $AXT(AXTI.US) … but that’s US/China so it’s okay.There’s a reason why nobody copied that same playbook for Japanese companies.Trying to change Japanese culture with Western hedge fund predatory price hikes is not encouraged.Source: Serenity
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