I think this deal has great potential. However the saying goes "revenue is vanity, profit is sanity and cash is reality".
Merging with a company with the potential of LIFX creates a company with tremendous upside. However until they reach profitability and, most importantly, are cash flow positive I don't see big growth in the share price.
- Forums
- ASX - By Stock
- Ann: LIFX Acquisition Completed
I think this deal has great potential. However the saying goes...
-
- There are more pages in this discussion • 96 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)