TBH, i'd rather they invest it in the business. It seems to be where they operate now, they have a good market. So it's probable that that makret exists in other areas where they currently are not. I'd like them to invest in marketing and sales. I think there is a larger opportunity. They could find some customers in Defence of many different countries. I think that would be a big winner for them. But instead they wanna invest in a startup with absolutely nothing to do with the existing business?
I'd be very tempted to sell if i was a holder - not that i'm advising anyone should. It just appears management haven't got their eye on the ball at all.
Ann: Mobilarm enters into investment in Jaxsta Enterprises-MBO.AX, page-8
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