I have read this now various times, but as much as I like the news, we „paid“ 10.5 Mio for DL, but how much have we invested?
If my memory serves me right, we have paid quite a lot money into DL and also DL staff. Therefore I wouldn’t think about 200% profit on the sale.
It might be break even though with all investements that have been made the last years.
However, no dilution, cash in, I like it.
But I don’t think that we are buying back stock, which DL has been paid with, as was asked before. The shares are/were with the previous owners of DL, and they either sold them or still hold them, but they are not part of „this“ deal. Right?