RE: Another month since Mitch....10 Nov 2020 22:09
You can’t “time” a deal like an acquisition. It’ll either happen or it won’t happen. You can’t keep a deal hanging like that as too many things can go wrong in the mean time. To believe that it’ll happen at an ordained time to deliver some form of surprise shock value to the market is wishful thinking.
I don’t doubt that the board have targets in mind, but they are clearly struggling to get anything over the finishing line. I wouldn’t hold my breath for any deals and if one does come, I wouldn’t expect it to be as earth shattering as the last one. Indeed I believe we are more likely to get taken out rather than us doing the acquiring, particularly looking at the age profile of our board.