GREY:SNNVF - Post by User
Comment by
Benedictuson Jul 12, 2019 6:08am
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Post# 29911844
RE:I Spoke to Leith Pedersen on the Phone Today (7/11/19)
RE:I Spoke to Leith Pedersen on the Phone Today (7/11/19)Quality post NMG...Really appreciate you sharing this with the board. It’s very helpful to get these insights from Leith and understand his motivation for selling. Any NR confirming the pending sale of assets actually closed could be a catalyst to potentially leave these 52 wk lows behind. The high burn rate, expected lackluster q2 results and needed cash is the story right now and once we get some confirmation that q3 is back on track and cash is in the kitty, the story will quickly move to proving out the glasshouse potential. The timing of all this uncertainty along with the sector rout may be creating 10+ bagger potential here If mgt can prove they can execute on their plan.