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Old 07-24-2023, 09:55 AM
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Exhibitman Exhibitman is offline
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Quote:
Originally Posted by Yoda View Post
Can only imagine that Fantastics valued PWCc's 'good will' at zero. Wonder why?
Logistics. They bought an existing vault with staff and inventory already in hand. No need to reinvent the wheel and no need to reacquire the customers. When you compare the outlay needed to build, establish and staff a new facility, picking up PWCC was probably a cheaper means of getting a vault. It's the T. Boone Pickens theory of oil exploration: why spend $50 a barrel drilling for oil when you can buy the stock of a company with proven reserves at the equivalent of $35 a barrel?
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Last edited by Exhibitman; 07-24-2023 at 09:57 AM.
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