No. I've looked at BNSF, the freight/rail business Buffett...

No.

I've looked at BNSF, the freight/rail business Buffett bought some ten years ago. It's highly capital intensive but the factors we've discussed clearly showed both that need for borrowings and equity raising... but they all follow by higher return to shareholders within two to three years.

The returns, from memory, were from the new organic investment as well as from the acquisition made possible through equity raising.

As I read through MYX annual reports, and then going through those basic checks on its historical performance, it does not resemble any quality business that I understand. But it does resemble the couple that I know didn't end well.

That's not to say that it's heading that way. That future depends on a whole lot of stuff, of course.