RE:Just jumped inaurorahigh wrote: Started a small position in Fire today. I didn’t take a deep dive yet but recent Qs release do show they’re turning things around.
with 20m cash , 11m net revenue, I think they’re trading at a discount to assets.
Ive been around this sector long enough to know it’s not enough to move the needle but am I really missing something here?
The converts (FIRE.DB) are a much better bargain especially if you are using the balance sheet as your rationale for the purchase.