The benefit of the merger is redhill's CEO Glenn Elith is in control of the merged company. He has the vision and ability to execute sensibly. He faced several headwinds with RDH, he now has tailwinds for the first time. The company has heaps of cash, is cash flow positive, surging international students, a helpful federal government, and more diverse student base. interesting Glenn noted today, his growth plans are 'bold'.
Fast forward 5 years, ICT will be worth multiples of today's market cap in my opinion
Ann: FY22 Half Year Results Presentation, page-5
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