I agree with this comment.
The follow up that has not been forthcoming from management is how this acquisition has performed against their stated strategic rationale. Xos was about completing the offering, but also buying a base of 4.5k athletes that that they could sell elite wearables too. No information has been provided on this side of things and so the market assumes the worst.
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- Ann: FY17 Results Investor Presentation
Ann: FY17 Results Investor Presentation, page-72
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