RE: VMC .. nohanndlezep Silvarline...I think I have a pretty good handle on BNC by now. I have listened to conference calls and attended more than one AGM and certainly I am well aware of the waterlogged stock price.
However, I do not share your sunny disposition on the success of the management team, nor do most, as the share price trajectory of the last several years would indicate. With that said I am not a seller and do believe that the company is significantly undervalued. That fact/problem/dilemna is not the fault of their fringe retail shareholders or the market.
BNC has been a TSX doormat for years, through bull and bear markets and it appears that no one beyond their "Fringe Retail Shareholders"/ all their retail shareholders believes otherwise.
Yes I thought both of last weeks releases were positive, but apparently most did not. I would say the reaction was neutral at best.
For the record, this is not 11 mil in new revenue. Its an 11 mil market where they may capture 25% if they are fortunate.