Another day, another reacquisition from WATR. We note that this acquisition is expected to be earnings accretive and fuel further growth in 2021 and beyond, which should add to our existing forecasts in due course. This follows on from the recent fundraise, designed to accelerate this growth even further with $20m of available capital, and the strong Q3 update published in October. The reacquisition of the Louisiana franchise for $US1.77m shows this capital being put to good use and takes the qu ....
14 Dec 2020
WHI First Light: Water Intelligence (WATR) - Reacquisitions continue to fuel growth
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WHI First Light: Water Intelligence (WATR) - Reacquisitions continue to fuel growth
Water Intelligence plc (WATR:LON) | 325 0 0.0% | Mkt Cap: 63.3m
- Published:
14 Dec 2020 -
Author:
Nick Spoliar -
Pages:
4
Another day, another reacquisition from WATR. We note that this acquisition is expected to be earnings accretive and fuel further growth in 2021 and beyond, which should add to our existing forecasts in due course. This follows on from the recent fundraise, designed to accelerate this growth even further with $20m of available capital, and the strong Q3 update published in October. The reacquisition of the Louisiana franchise for $US1.77m shows this capital being put to good use and takes the qu ....