I aint bothered either way. It will be good to have an acquisition but the company will grow in any event. The link above i have provided is enough proof of that.
"In the process, the projects can also increase the growth and innovation potential of the host business. Most small businesses involved are convinced by Shell STEP of the value a student project can deliver, with 96% of last year's SME participants stating that they would offer further opportunities to students in the future."
First potential order to is no small order at that!!!!
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The project has resulted in immediate benefits for Arcolectric, with one manufacturer expressing an interest in purchasing 750,000 units of the product he created."
No buy backs must suggest the company are still looking at acquisitions however.
But if the company dont make an acqusition then its more buy backs and also an enhanced final dividend.