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Re: pray post# 74

Friday, 05/05/2017 6:07:51 AM

Friday, May 05, 2017 6:07:51 AM

Post# of 288
241 mil is the Roth valuation of the combined Co. that's about $16 a share. Surely that's only an agreement for the merger and is the market that say-so, however a merger estimation cannot be far away from the reality and I agree that's the current fair value.
I think we are paying also some inexperiences of the new management about the communication of a public company towards the general public. The market is emotional and had high hopes in the short-term for this 'IPO' but it could sense that there will be at least a couple of months of calm and of lack of events and this made it an easy game for bashers.
Maybe a more detailed presentation or maybe Neville should end with something like the usual:" We've been doing indcredible work. Stay tuned" or he should have suggest definitely "news any time", but likely it's not his style and so far the private investors appreciated exactly this style.
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