Neratel gets a new suitor
PT Northstar Pacific Capital has bought over the majority shareholder shares for $0.49 per share. This private equity group backed by TPG states that it is a long term investor. Hopefully, it will continue the debt free balance sheet so as to pay good dividends and not pile on debt like other notorious private equity groups.
As long it manages Neratel well, there is no reason to sell Neratel shares presently because the future is still bright.