RE: RE: Rick RuleI repeat, there's no reason to worry about a takeover when the stock is this cheap. Every utility in North America would like to buy Ram's extensive pipeline of renewable energy and credits for $160 million, it's chump change for most large utilities, who build nuclear plants for billions of dollars. But it's not happening! Ram's board and the major insider shareholders have to agree to being taken over. They won't be tempted by an offer under $5 per share.
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They've spent $400 million and counting on their properties, why would they sell themselves for $160 million? Doesn't make a lick of sense. The only thing to do is to push on and realize the full potential of their properties. They spent the $400 million because they see a clear path to developing a portfolio that will be worth billions.