RE:RE:RE:RE:Merit: “We anticipate to grow to four times the size.”Groundskeeper for once a decent thought provoking post instead of the unintersting and negative Capitalraiser (aka fundmanager and Summer...does he own shares or not?)
Regardless, I appreciate you thoughts but have a few comments and questions of you to add.
I doubt the Q3 results will be showing much in the way of revenue as its my understanding Merit were still trying to complete the commisioning process until mid December. Would you agree?
I heard chat that any potential JV is up to a year away as the large CPG's move extremelly slowly and therefore any interest here would be after deep DD on BU's technology and proven product testing.
Unfortunately, Im thnking another down leg on disapointing news.
What makes you think that $4.50 is the number? Is this simply the value of the Merit partnership or would your $4.50 buyout target include the remaining technology portfolio?