Feb. 3 at 6:12 PM
$KELYA which Scenario? so far Hunt owns ZERO KELYA shares.
Scenario A: Hunt files that they have bought KELYA shares and Hunt's profit interests are now aligned with KELYA shareholders.
Scenario B: until they own KELYA shares they will have to make a profit on their
$105 million investment and time running Kelly Services some other way. Like a
$10 million management fee, or selling debt to Kelly, or huge RSUs, etc. Meantime they have all of 2026 to turn the company around, report how difficult it is, keep the stock below
$10, and buy it in shares in the open market. They could line up big blocks as Wall Street gets all doom and gloomy with quarter after quarter of ER misses.
Here's picture of how
$GNTX bought
$VOXX remaining shares @
$7.50/sh when the stock was trading closer to
$8.00
