Share PriceBeen a long time (and patient) shareholder and believer in BPE, particularly given the impact the current CEO has had on performance. However, it is my belief that management has to prove that the company has substantial growth potential outside of Alberta before the market will value it at the multiples that a growth company should receive (i.e. 20x and higher). 20x would bring the value to the $.80 target.
Would like a more substantial and better articulated vision re how BPE is going to accomplish this from management. Not sure what selling some centres or buying back will do to prove NAV when the basic issue is growth potential.