RE:RE:RE:Agreement to Acquire Assets so vqs paid a $8 million premium of your shareholder Cash to buy $4 to $6 million of Australian Revenue according to press release and hc wainright analysis
on the other hand, hc wainright thinks vqs does $33.1 million in revenue in 2021 and vqs trades at hardly a $70 millon enterprise valuation
So vqs pays a premium for some esoteric australian company from a communist country when it could have paid a similar premium for its own shares???
just another dumb shareholder unfriendly move by a mgt and board way in over their heads