RE:Fire is undervalued! Agreed undervalued joh but $0.45 is a fire sale asset value, this company is a going concern with plenty of upside and if not the top gainer close to it as we ramp up to full production.
But a takeover, how can you see that happening? Any thing is possible but Supreme doesn't need anything but execution of business plan and that is amply underway as we speak. Beena wouldn't have pulled up stakes at Hain just to sell the company?
The idea to pick up top quality, small batch producers offers some very viable options going foward...bringing some into the fold, like Blissco and Truverra, as opportunity presents itself. Once at full production maybe a 2nd 7acres facility or expansion of existing facilities are a couple of possibilities, with many other options possible as the sector matures.
FIRE will be a very viable company going forward that can pick up healthy market share to expand and grow well into the furture. I think if selling was the plan it would be done by now. Things are going to be looking very good for Beena's inaugural quarter, JMHO...Opt
johnale wrote: It has a NAV/share of 45 cents after being AUDITED.
selling at any price below that is like throwing money away.
cover while the market is taking a bath .... but this company is only improving from here.
In the event of a takeover - canopy/aphria/tilray - it would be at a premium to that as well.