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snow

09/06/22 10:46 AM

#7133 RE: RealDutch #7129

RD I am a sort of person who likes to understand things.
"
I don't think so.
1) CoW needs cash for operations
2) There will be more acquisitions. ITUP's WM arm is just the beginning.!

The first point I regard as totally unconvincing. Of course it costs a bit to run a company. But I have recently seen numbers of all the cash Cow is expected to get. If I remember correctly it is more than a billion dollars. Cash for operations is peanuts in this relation. Cash will be needed to make acquisitions so that Cow is more than a shell with a lot of cash. My point is that I have not understood why ITUP is to be paid in stock whereas other acquisitions of assets are to be paid for in cash. If I could choose I guess I might go for half cash half stock. Stock is good if Cow is a great success ehen it comes to the stock price. Cash is the better alternative for us if Cow is not a success when it comes to the stock price.