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Monday, January 10, 2022 8:07:17 PM
There must be another acquisition in the works. Hopefully for something they can actually sell. Might not be a bad idea, since the buoy business does not seem to be paying the bills.
SP has just about hit NBV. If they issue shares at any lower than current, it WILL dilute existing shareholders.
If they are not planning to expand the business to something sustainable, then they are essentially a charity, where executive management are the beneficiaries.
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