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clock Created with Sketch. 21/05/21
15:19
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Originally posted by pierre23:
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Yes, from the amount of announcements almost every single week about 'something', it very much does look like what you've suggested, keeping the bait on the line. It's hard to see through it, because to most people it just looks like they're expanding their business and putting themselves in a better position or future proofing it... however it's abnormal to see the sheer amount of announcements these guys release and on the basis they release them, almost as if to 'keep people happy on the hook'.
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Originally posted by pierre23:
↑
Yes, from the amount of announcements almost every single week about 'something', it very much does look like what you've suggested, keeping the bait on the line. It's hard to see through it, because to most people it just looks like they're expanding their business and putting themselves in a better position or future proofing it... however it's abnormal to see the sheer amount of announcements these guys release and on the basis they release them, almost as if to 'keep people happy on the hook'.
Expand
I do have a question re: this. They just had $18m cash put into the business. One thing to stand buy is they have strong cash and are generating revenue although not significant. They are cash rich in the medium term i would expect no need for a CR?
