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.
- Forums
- ASX - By Stock
- LIFX Acquisition - A few thoughts
I agree. And I hope that's not what DM is doing. I hope he is...
-
- There are more pages in this discussion • 67 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BUD (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & MD
Charles Armstrong
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online