RE:RE:RE:RE:RE:CEO said, "we are undervalued". Okay, so how what is an They don't need to buy more bolt-on pennies on the dollar outfits to start executing on their business plan. Using the money they have now to do another M&A exercise is just kicking the can down the road and does nothing in the near term for shareholders. And while it may not mean dilution (although I can see how some shares would be offered to managers etc), the current massive float hangs like an anvil and the spectre of a RS is always there.
LABS has all they need to grow the business in many different jurisdictions. Another ego driven M&A exercise is not what is needed now.