Victoria Harris
👤 SpeakerAppearances Over Time
Podcast Appearances
And that's how you kind of get it across.
And similar businesses, I guess.
Similar businesses.
You could see the synergies.
This just feels very opportunistic.
And the more opportunistic, the harder it is to convince shareholders.
Also swallowing up a big business.
The systems, the operations, we're seeing it was zero at the moment.
They bought a massive payments company in the US, which was –
you know, the biggest acquisition they've ever done and the digestion that it takes to, even if you've got, you know, two staff doing the same role, you have to like get rid of them.
There's just so many more risks if you're buying a bigger business than integrating one that's a bit smaller.
fake value to go and then acquire something really valuable it's quite clever it's not fake right that's that's that's how share prices move supply and demand again you know it's like that's just there was just a ton of demand in a short space of time but the share price is a reflection of the value of the company surely people at this point just want to like be the next meme stock yeah but i mean it's hard right because you yeah and it's you do have to be careful because if you go up
you know, 4X your share price and then you can come down pretty quickly.
But this is a really good example of why high share prices and high valued companies, it gives you options.
You know, it's like if you...
Well, Microsoft and your share price is doing really well.
You know, the flexibility that gives you to, you know, attract good talent, buy competitors, like all of that.
And you kind of get into the circle of death when your share price is falling, you're having to cut staff, you're kind of probably dipping into your cash reserve.