Reduit, page-281

So OBJ R&D and IP must be valued at at least $10m. Reduit surely $12-15m with all that has gone into creating it from manufacturing set up to staff/resources - this would be at least the bare minimum asking price for a big multi to entertain taking it over.

Add to this Lubricen and Surface Hygiene very close. Both brands in themselves that have an on paper value given manufacturing and resources already invested.

Yet, the MC is $18m?

Happy to have added 20% to my holding over the past few weeks. Seems not many doing the same. Oh well.