Info Aqualung Financial Troubles

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Paying $60-70M (~£48m-56m) for a company with a book value of £6.67m and currently losing £1.4m/year (per most recently available financials)....... would be a profoundly poor business decision.
A lot of the dive business seems to be founded on bad decisions by people who think that business as usual means doing it like its 1980. . .

Just sayin' :)
 
The Aquasense and the Defy.Ultra are the first products for creating "luxury brands" in the AQ portfolio.
Just imagine back in 2015 where the HQ of AQ was in Vista, CA and the management team was international.
Now the HQ is in France and the management team is ...... correct - not international anymore. This might be one of many reasons why AQ is struggling since the PE companies bought it back in 2016.
 
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