@Tom73 - precisely my thought! Also just digesting.

I find their market update antics amusing and reassuring - they're not wasting a single dollar on admin, even if it means filing 3 documents over 30 minutes in the last hour of trade. There's a funny typo under Dividends. The record date for entitlements is '5pm on September 2024'. I guess just hold for the entire month then. Lucky we're all long term holders here at Strawman.

One thing I get from this report is that it's all about managing metrics and margins. They know what their audience wants. I guess we can mathematically deduce something from the Consolidated verses the Continuing numbers but I'm not game to try that in public yet.

A proposed acquisition is why.

See their website: 2730514.pdf (stealthgi.com)

For some reason only one of the two announcements was listed on the ASX, the one with the request and detail was missing.

Let's hope it's a good acquisition, they have been solid on this front so far and at least it's not a downgrade!

Thanks !

appreciated

So Stealth announced they have acquired Force, a mobile accessories distributor, for $9.5 million. The brands are all solid with recognisable and quality products. Management team will stay on. Funded by $3.5 million new shares and taking on $6 million working capital finance facilities.

Is it fair to say this is an extension further into retail and beyond just workplace products?

There is an incentive for the vendors for FY26 performance. (Some weird maths for calculating the outperformance payment described in the ASX release: multiply by 4 and then by 25%…?)