RE:RE:RE:Campbell DetailsYou are right, $23M is not a lot of money but they are typically acquiring family run businesses which can provide some flexibility. In the IPF purchase they used $12M cash and the rest was done with shares and an VTB financing.
Mongoose wrote: Good post. But $23M is not a lot of money for acquisitions. The last one for IPF cost about $16M. Any puchase of significance will need a dilution. That is ok if it is accretive.
Mgmt realizes that they have to get busier with organic or acquisition growth thus the incentive options at $1.20 recently issued. I say, incentify away, just get the SP up by doing something tangible. It is a big market out there, public sentiment to go green is at their backs - they should be announcing new customers far more often. Yes bigger deals need time but smaller deals are like shooting fish in a barrel. The sales team could be more impressive in my opinion.