Element Global Inc (ELGL)

[Arthur]

How much money did Element Global made selling its previous agribusiness ?
According to its financials, Element Global had $14.7 millions of cash, and its had annual sales of more than $50 millions! That's a lot of chickpeas !!

One wonders why, which such a profitable business, the company felt the need to get acquired by a Russian mining outfit, and then to divest itself of all of its profitable assets ?