M&A's of Netcash Companies

The companies in Netcash portfolio often engage in M&A activity, primarily due to excess cash reserves. They are due to the same fact a tasty bite for being a potential acquisition target too. Recently, I realized profits from Netcash International within two months, as Profire Energy was acquired by CECO at a 45% premium.

For context, average M&A premiums in the U.S. have ranged from 20% to 30% over the past three years, highlighting the significance of this acquisition. Overall, we’ve achieved a +60% return in five weeks on Profire and managed to take profits while maintaining an additional +0.5% on realized gains.

Only pity I was targeting the price of closer to 3USD, so still a bit more :) #Investing #MergersAndAcquisitions #Netcash #Profit #eToro #Finance #MarketAnalysis #StockMarket