I think from here on, the only viable option for them is to do what Star2Star did. Sell to someone, and I would bet they will do that. NetFortis was a mistake (basically no bottom line profit/cash flow was added), and I would assume the issues identified in the MD&A are referring to something that was brought with that acquisition. Just a hunch, no real information behind this. If they are to sell, their biggest focus will be to make themselves an attractive target and that means reducing debt at the expense of RD, marketing and returning money to shareholders. It probably time to move on for us that hold it still. Probably not immediately untill the dust settles, but on some optimistic market day.
Thanks for commenting. I've been reviewing the larger UCaaS companies this week. I am curious what the behavior in the marketplace will be without essentially unlimited access to cheap capital. Looks like your comment regarding debt reduction and (potentially) returning money to shareholders may apply to others. I am also curious what type of multiples these trade at post covid euphoria.
I think from here on, the only viable option for them is to do what Star2Star did. Sell to someone, and I would bet they will do that. NetFortis was a mistake (basically no bottom line profit/cash flow was added), and I would assume the issues identified in the MD&A are referring to something that was brought with that acquisition. Just a hunch, no real information behind this. If they are to sell, their biggest focus will be to make themselves an attractive target and that means reducing debt at the expense of RD, marketing and returning money to shareholders. It probably time to move on for us that hold it still. Probably not immediately untill the dust settles, but on some optimistic market day.
Thanks for commenting. I've been reviewing the larger UCaaS companies this week. I am curious what the behavior in the marketplace will be without essentially unlimited access to cheap capital. Looks like your comment regarding debt reduction and (potentially) returning money to shareholders may apply to others. I am also curious what type of multiples these trade at post covid euphoria.