Reply to post: Troubled Cambridge Micro Maker....

Yahoo!... Our Alibaba stake's worth BILLIONS. Oh – our shares are in the toilet

hugo tyson
FAIL

Troubled Cambridge Micro Maker....

....Acorn Computers found itself in the same situation when its net worth was less than the value of its ARM shares. At that point they had an EGM and decided just to give the shareholders the ARM shares instead and call it a day, selling off various teams to BroadCom et al. Methinks the same comments about them not really knowing what to do with any money they might make, or indeed what to do at all, applied there also.

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