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4.5¢ shekel brainweigh ltd

Agree Roar....it is only a small component of the business, what...

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Immetoday

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23/11/22

15:16

Post #: 64944549
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Originally posted by PH441324: ↑

A sale price of only 1.1x annual revenue seems a bit low don't you think? Nowithstanding that rRice Lake account for a large portion of the revenue and as such may have held the trump card here, would it not be better to hold onto the division and take in ~$3m in revenue a year instead?

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Originally posted by Roar987: ↑

if it's not core activity and SBW management don't perceive their to be any benefit gained from holding onto it. Then why not free up the cash, which is a decent percentage of market cap to pursue other growth opportunities.. fingers crossed that we see more substantial announcements / developments over the next few quarters. Undoubtably a positive announcement..

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Agree Roar....it is only a small component of the business, what was/is SBW's core business.
It would be my belief they know that business and have made an informed choice on whether it was a growth area or not.
Also note they have sold the this part of the business....but retained a 30% stake of sales - so haven't given away $3m a year, they have taken $3m+ in cash and retained $1m pa in sales.

SBW Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
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