GREY:LXWKF - Post by User
Comment by
thorgb1on Aug 18, 2015 1:45pm
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Post# 24028426
RE:RE:RE:2nd quarters results
RE:RE:RE:2nd quarters resultsThe breakup value of the company is still at least twice what this is trading for. I still believe that most of the value of the company is in the special crops piece, so even if they write-off PCC, it should still be a $2+ buyout. I'll keep nibbling at it as long as it stays under $1. I'd put it in the category of high risk high reward right now, but based on the statements in the release from Friday, it looks like it will play out over the next couple of weeks.