You know, I think that the growth conversation this time has more footing than the previous instances.
Each time in the past they have been looking to expand geographically; to the US, Canada, and these do not return investment instantly.
This time it is to improve tech, advance the investment already made in imaging by improving sales and market products and to make the capture process more efficient. I think that this CR may actually be more beneficial in the short term than the previous ones.
I also look forward to a reduction in capture costs ... the change in amortisation from 5 to 2 years really has hurt ... we are getting through that rationalisation, and the improvement in capture costs should kick in just as we see the end of that catch up process.
All in all it looks good ... just a bloody pity they did it today!
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