To assist in answering your question:
1. the borax division was highly profitable and bought at a discount;
2. the borax division is easily expanded in volume and product lines; and
3. Most importantly the borax staff had all the local contacts that ORE needed to develop the lithium business.
As a summary they bought a profitable business that could help build their new business. I call that a big win.
- Forums
- ASX - By Stock
- genuine question
To assist in answering your question:1. the borax division was...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)