I reckon their cashflow this quarter will be pretty good too so expecting closer to $15m in the kitty.
For argument’s sake, lets say it’s a $30m EV acquisition, they could do a combo of cash and scrip - with some deferred components and even use some debt and they wouldn’t need to tap shareholders. But it all comes down to the size of the prize. A CR is a definite possibility - but if it’s a good acquisition and retailers get to play why wouldn’t you want to get involved?
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