I totally agree with you and have an itchy finger to enter the stock at current prices. I will start accumulating KYC very soon with a 4-12 month outlook.
It recently sold Camtech for $2.2 million, so it has $10 million in cash and some $3 million in long-term debt which means it is on the verge of swallowing up a company as it has means to leverage via a debt facility to a large extent since it has steady revenue of some $100 milion over five years.
I thoroughly beleive KYC will acquire a $200-$300 million company. It will pay for it in a mixture of a debt facility with a bank and capital raising of some 50 million shares at $1.50 odd, it only has 80 million shares on issue.
One to watch.
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