"They see ARW as contributing cashflow to fund other developments. I guess they must be upbeat about it because it looks more like a cash sink to me. If they have done their sums right I guess they are aquiring it cheaply on a historical basis."
Lol that's the most positive assessment I've heard on ARW for a long time. As an ARW holder, cash flow positive seems like a distant dream. But what would holders know, given ARW has possibly the worst disclosure track record of any company I know. I only hold now because of the deceit of the previous management, I guess no news is better than being fed bs. Nobody seems to have a clue where they're headed, and at what point it might turn around (indeed even if that's on the horizon).
Would certainly be a cheap acquisition if it does begin to generate profits, all that plant cost a packet - but seems to be a big question mark over this.
WAS Price at posting:
2.0¢ Sentiment: None Disclosure: Not Held
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