Sell The Company or Replace The CEO
If this company isn't taken out in the next month or so, I think the Board should replace CEO Mark Thompson..........Now that earnings have been released, its hard to see a catalyst that would move the share price forward between now and the next earnings report even though the company appears to be trading at under 0.50 Book........By selling the company now, shareholders can move on and the (likely) private equity firm purchaser can focus their efforts on building the business over the long term without the worry of short attacks..........Who wants to wait for years until the share price gets back to the $30 - $40 Canadian level if the company can be sold now for that amount......?....Let's get a deal done.......