Regular tenderThe company initially projected revenue of $200-$220M not counting the proceeds from the sale of the 2 big stones. As of now revenue has been around $100M again not counting the sale of the 2 big stones (one of which has been sold for $63M and the other will be sold on June 29 for presumably at least that much). Is there going to be another regular tender this quarter? Since the last one generate $50M I assume the next one will generate at least $25M (and hopefully a lot more). That would strongly suggest that we will dramatically exceed the original prediction even without the proceeds from the 2 big stones and I am pretty certain no one was projecting revenues from those 2 in excess of $125M. Although the stock has increased a lot recently, it seems to me that it should go a lot higher. I have (what for me) is now a very large position since I bought all my shares at under $1. At some point it would be prudent to start to reduce my holdings but it does not seem that now is the time to begin selling.
Am I missing something?