Saturday, July 13, 2019 7:37:52 AM
I think merger or separate listing definitely was the plan 3 years ago. I don't think it's the plan now. It should have happened last year. Perhaps they are having the same problem as SIAF (We can't own Asian stock).
In the mean time, the past few years, cash has been growing substantially to above $500M. The plan now could be to buy us out. Rather straightforward. Or, they could start paying dividends. If they pay $0.50 then it's a $3 stock overnight. If they pay $1 then it's a $5 stock overnight. If they buy us out, it would be a $3 pretty quick.
I don't think we can get $15 out of it. But a substantial dividend would be exciting indeed.
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