I sold half my position friday. Had a feeling it was Baker Street Capital that set the price at 4.60 and was buying anything and everything. Its now a twenty percent owner.
I was expecting the royalty income to increase at least. They are not making enough right now to even cover the dividend after paying down the principle on the note.
I wonder if someones intending to sell this comapany out. The present value of the royalty income out six and a half years is worth close to the value of the stock right now I imagine. Went looking for my financial calculator but it has dissappeared.