Congratulations on the article guys, well dissected and full of insights not only into the business itself but the industry as well. I’ve started following Symrise for a few months now, but I didn’t know about Robertet until this post. Thank you!
Great, great article, thanks ! We personnaly like IFF, too.
A (weirdo) question, if you may : as of today, RBT ordinary shares trade (2,173,781 of them) at €996, and the CBE investment certificate (137,844) @ €900.
But the associated (and highly, highly illiquid) "voting certificates", CBR (137,844, too) exploded in 2019 and now trade at €194. So CBE + CBR = 9.4% premium on RBT. Any idea why ? Maybe Firmenich bought a few CBRs, too ? Or maybe it is a measure of how speculative the stock is ?
Congratulations on the article guys, well dissected and full of insights not only into the business itself but the industry as well. I’ve started following Symrise for a few months now, but I didn’t know about Robertet until this post. Thank you!
Great, great article, thanks ! We personnaly like IFF, too.
A (weirdo) question, if you may : as of today, RBT ordinary shares trade (2,173,781 of them) at €996, and the CBE investment certificate (137,844) @ €900.
But the associated (and highly, highly illiquid) "voting certificates", CBR (137,844, too) exploded in 2019 and now trade at €194. So CBE + CBR = 9.4% premium on RBT. Any idea why ? Maybe Firmenich bought a few CBRs, too ? Or maybe it is a measure of how speculative the stock is ?