Ya, I'm guessing Wax Asset wanted to get out of a few of those shares picked up given it put them very very near the 20% threshold as a shareholder and it sounded like they are not activist type investors.
Would make sense to me, especially given they got that chunk at $1.77 per share. Oh how I wish the company could have been approached to suck up those shares at that level and retire them. Ah well.
Maybe if they go thru on South Carolina and get that up and running, we could start asking about a potential share buyback program in 2017 assuming they can continue generating cash at a good clip.
Make sure U keep an eye on that other company. IMO the best deal in the market rt now.
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