Amazon buys 2lemetary

Nice. Shows the demand for these types of business from the bigger players.

POKs market cap (post acquisition excluding performance shares) is around $80m.

The following article gives an approximate valuation in USD of a 2011 established company.

What we need to know is how far advanced Buddy Platform is. Hopefully the presentation will shed some light.

Either way, down side should be limited from here and those are the kind of investments that I like.


https://www.machnation.com/2015/03/16/unpacking-the-amazon-acquisition-of-2lemetry/

MachNation estimates Amazon bought 2lemetry for USD90 million to USD110 million.