Ann: Vita Group completes acquisition of Clear Complexions, page-4

This is a very unnecessary acquisition. Why didn't they use their existing retail experience to set up stores.

Perhaps because there is no logical overlap between their existing operations. Increased overhead. No synergies.

This from a company generating 30m cash per year. Why not spend the money on a share buyback since their equity looks to be very underpriced.

If there is any hint of integration issues I see this dropping the share price below 70 cents.

I would have preferred a jv with tpm to sell mobile or internet.

I sold out at 155 so I am not complaining as much as I normally would