OTCPK:INPCF - Post by User
Post by
WheresMeGoldon May 21, 2019 10:01pm
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Post# 29762054
Book value will go up if canola prices revert to the mean
Book value will go up if canola prices revert to the mean Canola prices have been beaten down for various reasons but will likely recover to prices enjoyed over the last few years. Input’s canola interests will increase with any improvement in canola prices. And with Input trading at 2/3 book value, increasing canola prices would make today’s stock price an even greater value.
Price action over the last two days strongly suggests Input is buying up shares aggressively imo. We’ll find out in 2-3 weeks. This would drive up the book value per share as well.