I suppose this CR will either be a baby one to tide them over til a deal comes through, or will be significant CR as prerequisite to a deal forthcoming
I may be wrong, but I think we still have a short wait before anything is signed off regarding any tech acquisitions, as Patrick Glovac (a director of ALA who is shareholder in GBX) is busy finalising the deal between LBY and Cirrus. Once this is finalised, then I imagine his attentions will be firmly with moving GBX along..
Will be interesting to see who these shares go to in the meantime - my bet is that ALA will take some
GBX Price at posting:
0.3¢ Sentiment: Buy Disclosure: Held