InvestorsHub Logo
Followers 277
Posts 3478
Boards Moderated 1
Alias Born 07/04/2018

Re: SierraTrader post# 115665

Tuesday, 09/10/2019 11:08:33 PM

Tuesday, September 10, 2019 11:08:33 PM

Post# of 186031
Good catch - I was focused on the 3 months ending July 31, and glazed over the nine months column. Though I'd guess that all that cash on hand as of July 31, along with cash from August, may have facilitated the cash purchase of the fry business. If that's the case, it's an incredibly good use of that money since it'll turn into $1.5MM in revenue per quarter on an ongoing basis.