Firstly - *****Rykster Sentiment: Buy Disclosure: Held******* is that a mistake?
- My response wasn't written as an overall objective view of the entire report it was written in response to all the negative knee jerk reactions above it.
- I think Bosswhat has answered your query about the capacity below
- ESG is a buzzword - quite simply you are wrong. Your statement may have been applicable 15 years ago but right now its completely wrong.
- I believe you are confused with the two types of transactions. There is the transaction for the acquisition i.e. between Volt and the Outgoing shareholders, and then, there is the transaction of Working Capital to the ongoing ZG Business of which 30% is owned by the remaining shareholder.
- Your comment stating the company shelled out 10 million is wrong. No they didn't. Part payment has been made only. "Zavalievsky Graphite Business AcquisitionOn 27 July 2021 Volt advised that it had completed the acquisition of a controlling 70% interest in theZavalievsky group of companies (the “ZG Group”) following the payment of US$3.8 million to theselling shareholders (“ZG Vendors”). The ZG Vendors agreed to an extension of the second paymentfrom 6 months to 12 months after completion of the transaction. Accordingly, the second instalmentof the purchase price will become payable in July 2022."
Based on the above it would appear that it is you who is in fact not very diligent with your information.
I call your hypocrisy and raise you one!
Glad to see my post generated some really good discussion.
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Firstly - *****Rykster Sentiment: Buy Disclosure: Held******* is...
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