TSXV:JTR.H - Post by User
Post by
93Darkhorse93on Dec 12, 2016 5:48pm
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Post# 25588637
Great Accretive Acquisition at 1.0x Sales!!!
Great Accretive Acquisition at 1.0x Sales!!! Great Deal for existing shareholders as it continues to build out its existing platform and appears it paid a reasonable price.
I like to see the Nothing But Nature owners took 2.6M in common shares of Greenspace as they see the growth in the Greenspace platform and took the shares at 1.27/share higher than today's close.
Adding 8.4M in revenues representing 20% of 2017 revenue estimates with only selling 8M or so shares representing 19% of share count. I love that price.
This management team has demonstrated that they have the ability to identify/acquire/identify synergies/execute effectively of previous acquired assets.
LONG LONG LONG
https://web.tmxmoney.com/article.php?newsid=4580312774395716&qm_symbol=JTR