Anyone have any thoughts on the Independent Expert's Report?
Especially regarding Medivet's provided 31-Dec-12 financials?
Sale of goods...................4,476,685
Cost of goods sold.........-(1,924,836)
Gross Profit....................+2,551,849
Other Income....................+190,936
.....................................+2,742,785
Expenses.......................-(2,360,928)
Profit before income tax.......+381,857
Looks like in my opinion the new company will have revenue of circa ~15mil & a small net profit of likely less than 500k (depending on how much the recent OEM deals add to MLA's bottom line & not including any likely synergies which may occur over the medium term).
A good platform from which to work on. Still personally I'm not sure I like the consolidation. From my view most consolidations I've been a part of have ended in the gradual depreciation in the SP.
There's a fair bit of info to chew through in both reports. Looks like everyone's letting it all sink in.
Anyone have any thoughts on the Independent Expert's Report?...
Add to My Watchlist
What is My Watchlist?