RE:RE:Another raise.BCdude wrote: One wonders if they have an acquisition in mind.
I was wondering this too. Their business model is AI and big data. Acquiring an explorer co doesn't really seem like a fit. There are definitely synergies, but it seems to detract from their main focus. Such an acquasition would seem better placed in a subsidiary or sister co.
Definitely a possibilitty, but still seems a bit weird to me.
If there is a company with software or talent that they are after, that would make more sense to me.
OR.... they could just be expanding operations I suppose.