Gribbles is the likely buyer of Queensland based QML. Gribbles presentation at the Merrill Lynch conference forecast revenue growth of 35% for 2002.
OK. Lets find out:
1) if the current price (80c) has facotred in the QML acquisition, and,
2) Lets keep an eye on further targets and whether the market has factored them in.
I will post on Gribbles. You might wonder what this post is all about, but I believe that GGL are looking to become No. 2 and that means moving into new markets. The money is moving out of the USA into Europe. How efficient are the Eurpoean businesses?
