I do recall last year right before the attempted acquisition that there were market concerns that TPI may over-extend themselves with the Cleanaway purchase. Well, since then they have only bought more businesses which makes them even more over-extended now.
2.6 billion + now a whopping 1.25 billion brings it up to 3.85 b in the last 12 months since those concerns were raised.
Interesting to see what the market will think now.
TPI Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held