Friday, January 15, 2016 11:39:08 AM
Possible drivers
- dividend (not likely)
- announcement of spin-off or listing in China of new assets (probably not)
- acquisition of Angel Star plant (good chance)
- some other development (pretty good chance)
Why? Because I believe they have more than $100M in cash already due to the asset swap.
We need to break 0.50, technically. It's anyone's guess how fast it will move up. But we know it can move very fast (it has happened twice before).
0.40 is strong support.
In general, we need a few buyers and reluctant sellers.
I hope that resolves the issue.
And btw. HERB is trading at 3% of book. SIAF is 30% of book.
Recent HERB News
- Form C-AR - Annual Report • Edgar (US Regulatory) • 02/26/2024 01:00:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/12/2024 08:51:30 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/14/2023 07:00:08 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM