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tjsol

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126

13/12/15

23:13

Post #: 16605422
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Originally posted by Tattiebinger ↑

Hi Heraclitus, Yes management/board are taking a slow, conservative approach to an acquisition/investment (something which they can leverage their existing infrastructure) but we should expect something this year. I spoke to Charles Slaughter a few weeks ago and it could be the case of buying a stake in a business rather than a complete acquisition.
They are also close to further purchases to scale up the contact lens business.
I attended the AGM recently and was impressed with Charles, answered all questions openly and honestly and with good detail.

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Hi tatt..

Did you get any sense that management might have something up their sleeves?

Last presentation shows lots of confedence of a deal to come IMO.

Good luck all..

REF Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
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