RE: RE: RE: RE: WOF Board of Directors Contact Inf I agree, Zyn. Sooner or later, I think we will get good news.
In the meantime, retail sellers get to set the short term share price, premised upon whatever motivates them. Since current price movements do not appear based upon "new" news, perhaps tomorrow's price will be .06, or .14, or whatever happens to be the price of tea in China on Friday. Who knows? None of this current market action appears to have any reasonable relationship to intrinsic value or worth of the company, which is what will set longer term share price.
I don't pretend to even begin to know the intrinsic value or worth of this company. Therefore, I continue to rely on someone that I think does know the value: Dundee. I think Dundee expressed its valuation opinion in cold, hard dollars when it bought 3.5 million shares on or about April 26, 2013 at .28 per share, which, at the time, was .06 cents more than market price. I don't think anything has changed from Dundee's perspective in the last 30 or so days concerning this valuation.
Thus, absent "new" substantive news, I'm staying with .28 as the "reasonable buy price," from the perspective of a Canadian investment company ("Dundee") accustomed to making money on deals like this one. I think Dundee, like Berkshire, is a value investor with a greater vision than ours. If .28 is their value, then I like .11 per share for now for my own purpose. Could we shareholders lose out? Of course. I guess we'll just have to wait and see. Good luck to all longs! Seg.