agreed mate
there are some key words in this announcement
1300 is a cash generating cow anyway
there were always going to be great synergies when amalgamating it into the UWL fold
that it's gone better and quicker is huge
EBITDA of nearly 3 million a month or 100k a day is just staggering
soon I suspect they will have more cash than they know what to do with
the wholesale business getting better growth is another massive one
I suspect we are going to see a bit of a sentiment change and spike in the share price
I hate predictions but will this be the catalyst that has the 2.xx instead of the 1.xx?
it's always hard when a recent CR comes along for an acquisition and the Sophs / instos want an easy buy at discount and dump into the rise for instant profit
when that doesn't work out super short term often many flick the $ even at a loss and use the $ in the next deal that comes across their plate
I suspect that it what has happened recently and I suspect any that are holding on and wanting to dump in the short term are thinking this morning that maybe I might get a chunk more $ out of this over the next few days / week
the selling pressure has certainly reduced in the depth
going to be fun watching this today and this week ( and for many months and years to come... )
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