RE:RE:RE:RE:RE:RE:RE:Stop and think for a momentIn regards to your question about my buyout price being lowered - you do realise that the company has much shares now then in 2016 right? Much much more....
Hence the valuation metric.
Hope that answers your question. And GL.
LucasKnight wrote: No..when i buy back in, i will not post bullish statements for BBI. I will wait for the roadshow and promotional cycle and let MR Market do the talking. All i can say - and i have said it again in 2018 - is that they will be bought out at $0.85 - $1.00/ps....
Timing is a big determinant in the current markets.
Bosoxpj wrote: Lucas. In may 2016 when you were invested in BBI you said bbi would be over 1.00 a share and bought out by a major at a significant premium. Oct 2016 you said BBI should be over 1.00 and bought out by a major at 1.50. The koi market wasn’t near recovered st that time. Yes BBI has a big hiccup with stage a while back, but have overcome that plus increased land position, tie in wells, increase available financing to 20m, sign Tidewater agreement and you significantly lower your buyout price. Not sure how that makes sense, can you explain. When you buy back in are you going to be bullish again?
sorry to steal some of your thunder Jdavis. By the way good luck with MRS. I hope you all make a killing on it. I’m not invested in it at all, but really intrigued and pulling for you all.
PJ