Easy, Hydro dec is smoke and mirrors. Only sold 60% of business since they own 40% of UK company. UK company has no track record and minimal assets. Will have to raise cash to commercialise. VTI still needs to fund UK. It is a paper transaction which achieves nothing except for the $1m in cash which is less than the amount B&B will take out of VTI between now and next June 30. Shareholders are starting to see things a bit clearer and with less emotion
Easy, Hydro dec is smoke and mirrors. Only sold 60% of business...
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