With DWX and Cloud Ten ,investors should be expecting news flow to be coming thick and fast.
However,both are competing in highly competitive sectors.
A few years ago I attended an investor day where Covata (CVT) was touting it's UK Government cyber security panel selection.
As we have seen with CVT this does not neccesarily translate to revenue and contracts.
Cloud Ten is in a similar situation.It is an exciting proposition for executives to open offices around the globe.
The question remains;
Would Cloud Ten have expanded in such a manner without the TSN deal?
I say no
Access to publicly listed companies for both DWX and Cloud Ten may seem like a dream come true for management of those businesses.
Access to a constant flow of MONEY .Money from investors!!!
Let's hope TSN doesn't allow this to happen.
BECAUSE it will impact shareholders big time!
Just like it has with a vast majority of ASX listed Speculative Stocks!!!
IMO
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- Ann: Completion of Cloudten Acquisition
Ann: Completion of Cloudten Acquisition, page-71
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