- Points.com was my speculative long idea to bet on an uptick in the travel and leisure sector.
- It recently attracted an all-cash offer and the board of directors unanimously approved the US$25.00 cash bid.
- While I will never know if PCOM would indeed have performed better in this post-COVID year, the offer is an excellent exit.
- I'm not waiting for the deal to close and have sold my shares as the challenging markets are creating opportunities to redeploy the cash.
For further details see:
Points.com: The $25 All-Cash Offer Offers An Excellent Exit Opportunity