"For Amazon or any other large international company QFX would need to have any one of the following.
-A patented tech in the field of video streaming that another company wants. (Think motorola, company wasn't worth as much as the patents, hence Google snapped them up and a nice SP spike it was too.)
-Contracts worth millions which no one else would be able to get for another 5 years or more.
-A long profitable history,strong balance sheet, strong growth and large percentage of Aus household subscribers."
Kat.... Given your knowledge of M&A's, hoping you can help clear this up for me.
Given the 3 criteria you've outlined above, which one did...
A) Lovefilm fulfill when Amazon paid £200m for it in 2011?
B) Instagram fulfill when Facebook paid $1b for it in 2012?
QFX Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held