RE:CEO is a gambler & needs to be controlled. Very well said. I think there are many who agree here !
Remember when we picked teams at lunch time. Two captains and each picks one at a time ! Well the only reason we are running or being picked now is becasue we were eventually the only one left.
Either way we are at least playing ! If the CEO does the right thing it might not be what gets people excited , but in the long run it will do twice as much paying off debt and holding back on paying a dividend until it's done so.
We will be rewarded twice as much in the long view.
However , this absolutely must be a takeover target.
How can someone not buy this. Eric Nuttall and others said the biggest returns will be in small caps.
I am here because I saw we were undervalued , and truthfully it only stuck out because it was the only one that hadn't done anything. Undervalued big time when I bought , and it's a small cap with a good Assets.
The tax pool is the deal maker for why I think we are sold sooner than later.
Great say for a mid cap to add production and build.
Like I said the tax pool is the deal maker.
We are going to 8 at least by earnings. 6.55 divided by 8.5 is $0.77 cents ? Correct ? We should be trading at based on old share count 1.20 minamum. So let's just add 30 cents . 8.5 times .30 cents pre consolidation this gives us $1.07. Totally reasonable !!
So $0.30 times 8.5 is $2.55 additionally to 6.55 for a grand total of $ 9.10 cents.
There is zero greed in this analysis based on others in this Sector. Throw in we are a killer aquisition , and no one should be thinking of selling until at least this point.
We will be 8 for sure and I will be so bold as to say Over 9 by middle of February.
Good luck all.
Craig