Ill get my views in early on this one to prevent commenting as Harry hindsight....
- Most important thing i would want to see is no debt whatever the outcome.
- Secondly, don’t buy stock back - keep or use the cash wisely. I would have loved to see this deal go ahead because it was such a complimentary business with lots of government contracts. The cash can be used to renegotiate this deal, or if the vendors won’t budge, a future one. Not sure who would be using cash to buy stock back in this envoironment - never before have there been better opportunities for innovative companies to use cash. If you are a disruptive tech company and buy stock back now, you truly have run out of ideas.
Ann: Trading Halt, page-11
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