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Re: Leandroi2002 post# 52930

Thursday, 08/08/2024 11:52:40 AM

Thursday, August 08, 2024 11:52:40 AM

Post# of 59367
"A targeted strategic acquisition expected to add $200 million to $300 million in annual sales.
A $30 million raise in conjunction with the strategic acquisition and Nasdaq uplisting."

A company with a decent profit margin can hardly be acquired for a price that is not much higher than 10% of sales. Thednumbers suggest that the targeted acquisition is barely profitable if it is profitable at all.
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