$FLT currently has a market cap ~ 40 million with under 1 million revenue ttm
$VOL has recently has a market cap of ~20 million posted revenues over 30 million ttm
When these companies merge under the $FLT the combined company then in theory will have a TTM revenue of over 30 million?
VOL seems to be weighed down by what looks like a massive amount of depreciation each year… which I don’t fully understand and part of the reason I’m here asking about these companies.
What would you expect to happen to the stock post merger given the little information above, and does anyone have any other thoughts regarding the merger? Seems like it might be two failing companies hoping for some exit liquidity?
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