What I didn't like was the way in which GK was acquired via a CR and then the further two acquisitions appeared to include the 'need money for infant formula expansion' line in order to force a new CR for a somewhat unrelated acquisition. Did they use the capital from the GK purchase/CR to acquire the next two companies? Then continue to say the next CR is 'required' for infant formula expansion, which was apparently the intention of the very first one...
What I didn't like was the way in which GK was acquired via a CR...
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66.0¢ |
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Mkt cap ! $54.95M | |||
| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
|---|---|---|
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