agree, good objective info which addresses the corporate side of things, all of which feels positive.
i cant help but ask though, what is going to change in the biz to make it cash positive and move it towards a reasonable profit, once all the maneuvering is over, what will be different in the day to day operation of the coy.
take other tech coys that undergo acquisition/restructure etc (one example being iin acquiring nz ihug/ozemail) , if the changes dont drive profitable growth the fundamentals dont change and the s/p inevitably eases back, short term players benefit from the rise and fall but longer term players that t4p refers to (the board, murdoch etc) will want profits and s/p growth driven underpinned by earnings and heaven forbid from a small cap - a dividend.
yes the preparation is interesting, but can the final structure make sustained profits???
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