Why Pace of Acquisitions Will Ramp Up
Think about it....
If you are considering being bought out by PHM and part of the negotiations are shares, wouldn't you inclined to sign a LOI ASAP - look at the PHM's stock price chart. If you wait, a month, the share price might be 10 or even 20% higher.
Quite the buisness Gig going with this acquisition strategy.
Hope we can get the next 4 LOI's locked in and Revenue run rate to $62 ASAP and prior to doing the deal with the two companies totalling another $30 million.
For the existing shareholders, we are better to quickly get some little deals locked up and push up the stock price prior to the bigger deal as the latter will certainly dilute the stock and price.