PLX – Good to know we are in agreement. One reason I don’t think a higher valuation is warranted is that there should be a significant minority-shareholder discount when a company is majority-owned by insiders.
Moreover, the parent company is incorporated in Florida rather than Delaware, and hence it does not offer as much protection to minority shareholders as a Delaware corporation. Regards, Dew
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”
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