They now have the coin to go back into acquisition mode or pay down debt lent at a higher rate.
As long as they returning positive outcomes on the balance sheet the company appears low risk.
Not sure of the end goal in realation to how many lines they want in contract monitor .... maybe they will continue to grow in this sector via loan facilities and use of their own cash.
Line rental appears the key as you simply buy a chunch of monitored lines and send out invoice every month .... your only overhead head being the control monitoring room and people working in it + some admin services .
Tempted to buy a few as a long term bottom of the draw investment.
TPS Price at posting:
18.0¢ Sentiment: Buy Disclosure: Not Held
