RE:RE:RE:RE:RE:CEO leaving Please do not view Martin S not holding a large number of shares as a negative towards the technology, or confidence in his "life's work". I've met him a number of times and you will not find a more committed person to the company and its objectives. We should all be extremely grateful to Martin and the WTC team (and to Randy "the wizard" Willardson) for all they have achieved to date, and have in the pipeline.
Sorry, my friend, but I will not engage in any further discussion on Martin's personal business. These discussion boards should respect the privacy of company's personnel as it pertains to their personal lives (my opinion)
I suspect Mr. Kappel has finally convinced the company's biggest shareholder that he needed to make the much needed management change. Otherwise, any positive / big news to be released in the next two quarters will fall flat. The big institutional investors have long tired of JT and his empty promises and failures to deliver over the years.
I'm bullish at the current share price. Not sure I agree with analysts who tout a $7 or $8 dollar share price. That would be pushing a one billion dollar valuation for the company, and I can't see that - even when one looks at the potential expansion of another plant or two.
There is room in the plant protein market for Merit / Burcon's super premium product, but most CPG's won't pay the premium price and will source protein of lessor quality at a much lower price.
Again, I am bullish on BU as a speculative investment in 2022 - just as long as Mr. Kappel continues to be at the helm.