RE: RE: Drilling is going along smoothly for VCA Our market cap is under $7m today. We are a snack for anyone at this point. A 50% increase in SP would put us at
.30 and I'm sure there would be a lot of people that will jump at that. RRX likes to issue stock so an all stock offer would be nothing for them and I think they could have us for
.35 all stock offer unfortunately.
On the upside, I don't think the work involved would be worth the effort at this point and M&A activity has seemed to slow this quarter. I think we need a couple of profitable quarters before something happens. The risk reward is to great for anyone to take us seriously yet. Maybe by the end of the year.