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IMU in the drivers seat...don't be fooled., page-56

  1. DarkStar8
    398 Posts.
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    14/09/22
    08:44
    Post #: 63685278
    totally agree with your sentiment.

    My overarching view is that this is a dud deal unless for one reason. They are going to undertake another acquisition of capability that either can standalone or synnergise with current platforms.

    That way this $80m would actually justify as overarching asset value has increased and hopefully would be able to meet appropriate cap hurdle rates. If this is a CR for no other reason than absolute garbage outcome.


    IMU Price at posting: 23.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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