You speculate lots of things Ru555, like if they hadn't have sold the ACAD division they would have lost 60 odd million I think you said.
This doesn't say they had $100m in cash is says they have a potential of $100m of near term revenue by way of their acquisition pipeline. This was also prepared i assume during the Hopkins/Bizon transition before Carl even had his feet under the desk let alone had time to assess the business
Bizon and the new management team look to be doing what they should do and slowing down the "acquire at any cost" approach of the past to assess the business, the opportunities and to reserve cash in what is an uncertain time with covid ect still clearly a big part of the land scape. It looks like this is the next step in that process which is understand all available options to fund and execute a multi year, sustainable growth strategy.
You can't possibly read and process things objectively with your clear hatred for this company.
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