News Focus
News Focus
Followers 23
Posts 2537
Boards Moderated 0
Alias Born 10/26/2003

Re: DewDiligence post# 25572

Friday, 03/25/2022 12:59:31 PM

Friday, March 25, 2022 12:59:31 PM

Post# of 30508

On NEOG's FY3Q22 CC, the CFO noted the significant costs of preparing for the merger with 3M. He said there were 14,000 hours of meetings between NEOG and 3M staffs during the quarter. Does this number seem plausible?

That's very plausible as its ~30 people full-time (40 hours per week for 12 weeks) during the quarter focused on the merger.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today