Looks like it was worth the wait, and the prospects for short and long term growth are evident.
The aspect I like is that management have sought and found an entrant into this growth business that has all approvals in place from the necessary German and EU authorities, and first revenues are imminent.
Of course there will be capital expended on the planned expansion, but that can be a staged ramp up according to the how the revenue and demand for the service grows. And as other posters note - management have a track record. I'm in for a top up at the get go.
1PG Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held