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Re: None

Sunday, 03/05/2023 12:47:42 PM

Sunday, March 05, 2023 12:47:42 PM

Post# of 1505
SSEA your reasoning sounds reasonable and i would agree with you. When i was on the call they mentioned the stock does not trade, we see that is really not an issue. 75% of the 25 million shares outstanding are owned by institutions . If the management does not have interest in the public company then they should go private. Technically they have the cash to take the company private at a sizable premium above the current level of trading.
Don't think that is going to happen either. I BELIEVE if they can show a net income /share this stock will appreciate.
Anything is possible, but regardless this may very well be the cheapest stock in the world. ( except for Russia Oil giants, which have been destroyed)
I did notice a huge 49k bid all day on Friday ! I first thought it was a set up for a cross by an institution, but that proved wrong. if i had extra funds i would surely add and wait for the pot of gold pending.

snakes alive

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  • 1D
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  • 5Y
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