Stockholm presentation
It's been over a month since the presentation in Stockholm and still no liquidation of the inventory. Mr Moore made it clear they would stimulate the sp via a inventory sale as management also wanted to close the gap. We are told they know the market well but we sit idle on a depreciating asset. I really feel we will see a continuation in decreased prices of our inventory in the next few months. If I, and I expect other, were confident a liquidation was near , it would make holding on easier. We all know the potential return but the lack of guidance is horrible. There are no secret agendas here, this should be one of the easiest investment out there. The talk of higher prices coming is great but why not hedge a portion of the balance sheet with more cash. Am I missing something?
I look forward to any feedback.
Saltchuk