Acquisition, page-2

sounds like an amazing deal. From a microcap to an actual player in aus. Congrats whoever pulled this rabbit out of the hat. Not sure how this could help the stock but bit interesting that for sure....more from afr

acquisition, expected to be worth more than $50 million, comes after The Market Herald emerged as GCA’s preferred buyer in a six-month auction run by Macquarie Capital.MacCap’s bankers pitched the up-for-sale portfolio, dubbed GCA Group, as a business with a 15-year history, 220 employees, $US69 million ($100 million) in annual revenue and expectations of $US9 million standalone cash EBITDA in the 2022 financial year.