SFI 0.00% 9.0¢ spookfish limited

The way I understand the commentary is that the block purchase...

  1. 380 Posts.
    lightbulb Created with Sketch. 62
    The way I understand the commentary is that the block purchase order is in relation to cameras and not shares allowing EV to start capturing larger areas with SFI systems.

    Personally I cannot understand why EV would move on SFI anytime soon as having a 19.9 percent (assuming options are all taken up) stake has the following advantages . Firstly it gives EV a large enough stake in SFI to easily block any other suitors that come along looking to purchase SFI outright. Secondly it gives some autonomy to SFI in the way it does business ex Nth America as EV does not have a controlling interest in SFI. Thirdly it gives EV access to SFI technology without having to bear all of the risk of tech development and business growth.

    Regards
    Last edited by Whatknots: 08/01/18
 
watchlist Created with Sketch. Add SFI (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.