Could be an inspired move, or it could be a great big black hole that soaks up profits generated elsewhere.
I would have thought that, if they were looking to grow, there would have been plenty of oil & gas, shipping or construction related companies that could have been bolted on.
I would also wonder how comfortable their shareholder base will be with this more, as holders of ZGL shares would not necessarily be looking for exposure to developmental medical technology businesses.
Don't have a good feeling about this move....
Ann: Investments in Medical Devices , page-5
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6.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.08M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 42388 | 6.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.9¢ | 67908 | 1 |
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