ADO 8.33% 2.2¢ anteotech ltd

Ann: Anteo to acquire Global Diagnostics Company - DIAsource, page-60

  1. 1,309 Posts.
    It seems that there are a few negative people on here forgetting what M&G can actually do? Significantly increase sensitivity ..................... or significantly reduce the cost of manufacture. Now why do you think they have been looking for a cash flow positive company to buy for the last few years? Buying a company with great revenue and a current 20% margin is absolute genius. IMO The addition of M&G will increase this margin significantly. Can't go wrong when you are buying a company that has had 10M Euro for its first half revenue at 25% growth. This is exactly the right move, and it is how ADO will eventually become a huge player.
 
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