True….if the acquisitions doesn’t materialise in coming few months, the acquisitions done after that will need to be right and perfectly right otherwise a very bad example will be set by the management for the investor community which will be very detrimental for company’s long term fund raising prospects…..if management is comfortable of its company’s valuations, then no rationale management with zero debt will dilute equity without concrete proposals and no concrete proposals can take more than six months to seal……In today’s dynamic world, time lost is opportunity lost and so a slight right decision taken late could be as good as wrong when you have already slipped to 10th position from 5th position….I am sure Mr. Arora is aware of this fact and so if he is taking more time then we might see a very good game changer acquisition….let’s keep our fingers crossed.
Rgds.
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