Q: Good morning 5i,
Regarding FLY'S 2q results yesterday, their new strategy on marketing their 5g technology and downsizing their workforce's there "hope" for this company to finally be profitable? What are the probabilities of a bigger player buying them out?
Many thanks,
Jean
Regarding FLY'S 2q results yesterday, their new strategy on marketing their 5g technology and downsizing their workforce's there "hope" for this company to finally be profitable? What are the probabilities of a bigger player buying them out?
Many thanks,
Jean
5i Research Answer:
A buyout/merger is always possible, but with the small size of the company, its debt and losses,...