EXL 0.00% 0.5¢ elixinol wellness limited

Ann: Elixinol acquires 25% of US based Pet Releaf, page-3

  1. 1,966 Posts.
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    I view this as a positive. Scrip released hardly dilutes shares. We now have some skin in the game in a growing business we are already involved in as a supplier. Whatsmore, we know about the business it is in. Can't see a long term negative here. But the market always seems to react to acquisition as risk. Fair enough, I suppose.
 
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