eventual buyout possibility?today's positive price increase was welcome for us sufferers. i bought far too many shares, so this is some relief.
even with the increase, the stock is still currently below book value. the balance sheet is strong, and the working capital equates to half the value of the shares alone [approx 33 cents per share]. i don't think the average investor is picking up on this.
as well, Claas feels like the kind of organization that could snap up Agjunction without breaking a sweat. perhaps they're just seeing how the relationship plays out. they would definitely be buying AJX on the cheap, even with a nice premium built in.