I'm guessing you mean Red Oak.....Redwood is a memory I don't want to revisit right now...lol..
Holter, I have no idea what Red Oak's original plans were, or if they even had a plan. They bought in here at a very low price ( .002 ) and I'm sure saw value. That's what they do...
The problem I see right now that kinda changed things is the loss of the tissue customer, which really cut into the rev's, and profit.
I was hoping they would somehow get that customer back, and they even hinted that could happen. It didn't...
CBAI in many ways is better than it ever was, as far as the way it's being managed, but one has to ask where will the growth come from ? Seems to me it will be minimal going forward, based on what I have seen in the past yr or so.
There's value here, that's a gimmee, especially if someone takes them private and saves all that cost of being a public co.
What is the true value ? I'm guessing we will find out soon..I will stick my neck out and say current prices are still a steal.
gltu
What the true value is
