RE:RE:RE:RE:RE:RE:RE:RE:NAV Dhaliwal's Twitter accountSpot on Geo, there is no need for creating an illusion due to weakness and desperation when the opposite is the case....we will see what Beena gets cleaned up in the next couple of quarters and we need to see the ~$40mil per quarter volume, if not in FQ4/20 in current quarter sales and closer to double that by FQ4/21. While not sector leading sales, realizing profit through the period will support much better SP levels.
If a RS is in the cards a 2 for 1 is all that should be required and we should be north of $.60 with ~$40mil for the quarter with profit and no RS, mainly due to the depressed valuations sector wide. Beena is going to ramp up sales and maximize potential from here on and SP will reflect the increased SH value, as it should be, JMHO...Opt
George141 wrote:
...reverse split could trigger massive selling because of uncertainty...we are just fine at this price for now. Once the reports come out we should see a modest increase. The increase will trigger new buyers and further quarters down the road will get us up to the 60's range. Success breeds success. Reverse split can mask a decline although it did not happen last time...we went from .08 cents to .40 cents and way beyond that at THAT time...times are different now.... maintain