RE: Lets see what the market thinks...I agree...
"Makes little sense to sell the company before the great supposed growth of Alabama Steel even gets started....
I'm sure the investors that bankrolled this expansion not even 8 months ago @ 52 cents are jumping for joy to see their investment sold out from under them."
With the anticipated growth in revenue and profit, this company should be over a $1.00.
If the company was evaluated to be fair for financing at 52 cents then, now its worth a whole lot more.
Jaguar (and those investors who took part in the 52 cent) should not accept anything below a $1.00