I'll just throw this out there- To me it would seem this was planned from day one. The pieces fit together so perfectly. EMC's China strategy is the missing piece from RWL strategy. The joint product range creates the perfect suite to dominate the global market.
Both executive teams have been associates for years. Both teams have the experience and capabilities to use the an ASX listing to raise funds and leap fog to a U.S listing.
Re RWL Debt- I'm guessing the investment models for these re-occurring revenue projects are valued over 15 years+ with pay-back periods of <7 years. The cash flows mentioned sound excellent and warrant sizable capital expenditure (loses in the establishment periods).
IMO we, the shareholders, are simply pawns in a grand game being played by extremely experienced, well connected, well funded masterminds that well result in a huge return for them- and us by default.
Fingers crossed.
GL
G$
FLC Price at posting:
94.0¢ Sentiment: Buy Disclosure: Held
