RE:Lasalle investmentHow do you think Lasalle misjudged? I think this was a good choice on their part. This is a growing, profitable company that is about to be debt free. I don't expect the SP to move too much until the debt for shares deal is finally through, but that will happen shortly (In fact I just cast my votes in favour yesterday).
It's more than a bit short sighted to think that because the SP isn't responding to the Q2's as we wished that the company is a total failure. It's actually ridiculous. My thoughts are on where this will be in a year from now. You did use the word 'investment' right?
I believe Lasalle is going to help raise the profile of the company, and also help them tighten up their numbers. We should be in a much better place by the end of this year. I get that some people want their profits now but that kind of impatience is likely to cost you more than it will ever help.
mbanx wrote:
It's very hard to believe that Lasalle misjudged YTY while it is in the growth of business investment.
I really believe that all purchases under $ 0.125 still a great investment.