Murakami's disclosure suggests two possibilities: the start of an activist campaign or a short-term pump-and-dump play. The former is likely as Piolax is cash-rich with a P/B less than 1x.
What is covered in the Full Insight:
Murakami Becomes a Substantial Shareholder
Murakami's Disclosure Explained
Scenario 1: Activist Campaign
Scenario 2: Pump-and-Dump Play
Precedent Transactions
SUMMARY
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