OTCPK:APHWF - Post by User
Comment by
cpeczekon Jul 05, 2021 10:24pm
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Post# 33497229
RE:RE:RE:RE:In at 2.75
RE:RE:RE:RE:In at 2.75
What sort of areas did you think they would branch into? I was hoping they would develop more consumer goods products just to diversify away from their core products and gain more revenue/market share. I think the $1 figure you are quoting is counting the money from redeeming the warrants, which makes sense but I think they are likely off the table bar a miracle. There is only so much the company can do at the moment to boost the stock price. I am hoping that they stabilize the EPS around 10 cents a share per quarter, use the money on buybacks and product development. We would be back on a growth path and the share price would not stay low for long. But this could take time as you said. This is a long haul turnaround play that lucked out and got a winning lottery ticket to clear their debt and pile up a bunch of cash to give them tons of options. You have to remember the managers own 46% of the shares so they are in this for themselves as much as us and won't want things to collapse.