Growth by acquisition instead of growth and leveraging exisiting clients, which is cheaper, might look and feel good on the books and high fiveing each other, to look like they are achieving ‘growth’ and ‘buyouts’ big corporate stuff! But doesn’t necessarily reflect on the balance sheet more times than not. Costs shareholders with dilution and or profits to the business. And of course we don’t see any figures. Lame news IMO and possibly a bit desperate to be seen as doing something from a corporate level.
great point about the money could have instead been used as a share buy back to reduce liquidity and try for once to get the shareprice moving north for once in a lifetime. Benefiting shareholders………..
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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2 | 71000 | 0.025 |
2 | 162558 | 0.024 |
3 | 300234 | 0.023 |
3 | 460866 | 0.022 |
1 | 850000 | 0.021 |
Price($) | Vol. | No. |
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0.029 | 1738175 | 4 |
0.030 | 772037 | 3 |
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