I agree. And I hope that's not what DM is doing. I hope he is seeing long term benefits in acquiring either LiFX or some other automation/control player and not doing it for meeting this break-even timeline. Or else I will be voting a protest vote in next AGM that if I am still around.
However, during two failed acquisition, we all witnessed how DM was prepared to walk away when acquirees got greedy and deals were not compelling enough for shareholders. Hence, I am confident he will be putting company's long term success as priority with this deal.
BUD Price at posting:
9.5¢ Sentiment: Buy Disclosure: Held
