Spicer - me too, but be hard to see why anyone wouldn't take it up - maybe a couple of deceased estates and people who are flat broke.
I doubt they really needed to do this bit at all, but it keeps holders sweet re the placement and that seems symptomatic of their good management to me - the same way they are keeping acquired companies sweet with options.
Buying on the market today, but happy enough to pay pay 77 for the last few. Just getting set for the next stage so i won't curse being too tight to get the number I want.
Even that is still pretty good buying, given that the revenue estimate and increased EPS figures announced are just based on the acquired companies' books and not the benefit of (and the reason for) creating the larger business.
Once the quarterly activity reports start piling up and it hits $1 it will never see these prices again - in my view. As the market for their services is growing so fast and providers pretty fragmented, the future looks teriffic.
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