KEDM.com on X
Pale Fire is very rapidly building a large stake in https://t.co/rXznF1WIoi $CMRC, now close to 9%. This comes just as the company unveiled a big restructuring plan, targeting a.o. $60-80m in annual cost savings (which is pretty big on ~$220m OPEX) and announcing a $50m buyback authorization (~20% of the market cap) over the next two years. More to come here.
