Having had a chance to review in details the analyst call(as well as the financial statements and results), I think the market has a)over reacted on the downside with the results and the acquisition b) the Marlow purchase seems to be at a good price(only 26% share premium to an already subdued Marlow share price and 52week high Mitie price). I will be uploading a detailed Mitie podcast tomorrow. On balance I still think this is still a great investment long term in a market place where synergies between product lines and cross selling could easily be achieved. The facilities management space is also ripe to benefit from technological and AI trends.