Post by
Seelow7 on Jul 27, 2021 10:13am
Do we even want acquisition??
The recent news that Amazon is scaling way back on drones after recent hiccups may mean they'll just buy someone else's tech. I hope $FLT does NOT leave itself a takeover target. Lease to Amazon? Sure!! Make your own contracts? Even better. GLTA!
Comment by
jakayo4 on Jul 27, 2021 12:26pm
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Comment by
InvestForce on Jul 27, 2021 2:01pm
Takeover calculations place bid at near $1 B valuation and share price near $6 based on older calculations. Possibly more now. Just total speculation but IF this happens, it's a huge financial reward for DDC and shareholders but premature. They could grow to be more if they continue on this path and the buy out then would be even higher
Comment by
GoodTimesAhead on Jul 27, 2021 2:48pm
Agreed. We don't need the capital or the connections to grow the business, so I don't see a buyout being beneficial to long term shareholders. If someone is willing to by us out that's pretty much a sign that DDC has made it and that much bigger money will follow.
Comment by
Nordico on Jul 27, 2021 5:57pm
Any bid would be around $3 to $3.50 right now, imo; not $5 ($1B).
Comment by
InvestForce on Jul 27, 2021 8:55pm
$6 based on 5-6x multiple of EBITDA... just a guess anyway. Fun to dream!
Comment by
thepharcyde on Jul 27, 2021 3:49pm
DDC must now be 51% Canadian owned so is that even a possibility?
Comment by
Nordico on Jul 27, 2021 5:59pm
DSV, any Canadian Consortium (think one led by Fairfax), AC, Onex (parent co. of Westjet), Cargojet - plenty of potential Canadian buyers out there.