OK, the strategy of acquisition is improving cashflow, sales, profitability.
But not as quickly as one would like.
Take out the sales from the new entity and we have gone backwards from the PCP, I suspect in doing that we actually take out sales that we used to make to the company we acquired. In that case its likely the acquisition is close to 1+1 =2.
MC should be $13M to $15M or 3c to 4c
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-2
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