NF Energy Saving (BIMI) Stock Rockets On Acquisition

NF Energy Saving BIMI Stock

Reason #1: A Steal Of A Deal

One of the biggest reasons that investors are so excited is that the company got a steal of a deal here. In the release, NF Energy Saving said that the acquisition came at a price of about $5.64 million, plus up to 1.5 million shares.

The cash portion of the deal at this price will be recouperated quickly. With 10,000 members spending between $425 and $705 per year, at the meading spending, this generates more than five and a half million dollars per year in revenue.

Considering this, the deal is a very good one for BIMI and its investors.

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