Hey Tony,
Good to see you on TSN threads again. I've been very quiet as well. Quieter than you, however this week - I am super excited!
Picked this summary up from a presentation;
"CloudTen ticks a lot of the right boxes going forward (source: presentation):"
" * Strong business fundamentals (strong PBT, blue chip clients, high profit margins)Highly attractive industry with future growth, partnership with clear global leader,
* AWS, growth wave expected for next decade
* Earnings and value accretive, highly accretive to TSN ($200k profit to $2M+ profit from this transaction)
* Founders are committed to staying with the business for at least 4 years. "
Certainly these acquisitions are game changer. One of which we have waited for for many years!
All the best
Gracie
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