When Carphone Wharehouse and Dixons merged theSP fell only to soar soon after - lets hope the same happens here. As for a share issue, i think it will be necessary as i don't think any are held in treasury, however Natcall's eps is superior to Eckoh's so should not be a major issue. ATB
I thought the results were excellent as well. The takeover looks good as well plenty of cross selling opertunities and cost savings. One interesting point is that the combined value of both companies should put them in the top 100 on aim which may lead to buying by tracker funds, probably not a big deal but it all helps.
Maybe it has something to do with the acquisition of Netcall- " it is anticipated that the consideration due to Netcall shareholders would be payable in a mixture of cash and Eckoh shares". Does it mean a possible shares issuue? As I am "new" to ECK please correct me if I'm wrong. All views welcome.
The joys of AIM eh? Extraordinary. Obviously those that know more than me expected better from those seemingly outstanding results! Oh well, slow gradual growth is fine.
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