ANALYSIS: Listed tech company’s deeply discounted rights issue looks weird, as does its rejection by takeover bidder Volaris, but there may be a simple explanation.
Telematics company Eroad’s US growth ambitions are costly.
If we could speculate on how a certain overseas bidder was feeling right now, perhaps it would be like a diner on a first date who has returned from the restroom to find the object of desire has done a runner leaving a large bill for champers and crayfish.
Poor Volaris. It took the trouble to spend
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