Hi Rhaegar6 Jun 2015 00:54
Suspect value is "strategic" (yes, often way of disguising poor decision...but perhaps not here)...so I accept the cross selling point at face value OR (another way of looking at it) it's cheaper and more certain for REDT to pay a small amount for an established player than build a presence in the region from scratch
...If the market begins to see REDT as a growth play, then this may truly be a breakout above 20p...since EV/EBIT is still modest
...fingers crossed