RE:RE:RE:Acumen
Torontojay, assuming they solely focus on tackling the debt, how quickly can reduce it? I noticed that long-term debt was reduced last quarter by about the same amount as the reduction of receivables (approx. $1 million) - is it a reasonable hypothesis to assume the cash collected from receivables can be directly applied to debt?
Seems to be a single anonymous seller recently driving the price down. Notwithstanding the Quebec issue - which of course increases the investment risk - I'll be buying soon at this level. The marketcap is now less than working capital and I think this management team has shown themselves to be pretty capable of navigating challenges and so far making a couple of solid acquisitions.