EVS 2.00% 5.1¢ envirosuite limited

That explains the rampant buying two days ago. Whoever that was...

  1. 586 Posts.
    lightbulb Created with Sketch. 33
    That explains the rampant buying two days ago. Whoever that was obviously knew about it IMO, so if there was information about a 20c raise available and the stock was still being bought up, the sentiment must be positive towards the acquisition.

    The MC is a little over $100m as it stands so a $70m acquisition is substantial. At least it's generating revenue already and the synergies between existing technologies is pretty obvious.

    Wonder if ASX will ask any Qs about the recent buying.
 
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