RE:New article on equity.guru!Great article. Great post. They've clearly made a case for CBD's being a bigger market and I do believe it but agree with the following statements in the article, and it worries me greatly. I've previously thought we're being held down for this exact reason (being bought out).
For $47m, you get two LPs and an oil processor that was valued at $150m just nine months ago.
In 2015, that’d be a half price deal. Today? It’s 75% off where it should be. And if it doesn’t experience an adjustment on the market soon, through increased buying, someone is going to acquire it FAST.