RE:I would have hazarded
redcoats wrote:
a guess that the last NR would have precipitated at least a 5 or 6 cent jump in the shareprice, minimum. I believe that the issue is a number of the debenture holders who even at this price, have done very well, are taking some money off the table. Not an unwise strategy in many cases, but when there's an NR as good as the last, you'd think they'd recognize the phenomenal value. So the best thing to do is buy up the remaining shares from the tossers. Can't be many left, given the recent heavy volumes. I've been steadily buying more. The values here are phenomenal.
it is certainly going unnoticed. I was very surprised to see low volume yesterday. What's exciting about the deal is that gross margins are pretty good on the photography agency business and it's a big boost to their current revenue position. It would be good to know the ebitda profile on the acquisition as well as the total cost of the deal. What is the payback? If it is 3-4 years then that would be ideal.
Also, how many of these photographers were already using their service offerings and what would the revenue numbers look like post synergies?