M&A rumorsAlso there have been M&A rumours on this board for 5 years and i've seen them come and go every couple of months, theres no point in getting more HP because the HP supply isnt the issue its the demand and with the current HP TCW has once the price per HP goes up they are at 500 million a year easy. $1000/HP is the goal and adding that 280K that CFW has is not going to make that happen sooner or later so why shoot for it just so you can have that extra equipment on hand? It doesnt make sense because you'd need a superboom to utilize that 700K as a company alone.
No the best play is to sit tight, zero debt, market share leader, and wait for the demand and thats exactly what management is doing, these guys know whats up and Fedora built canyon from the ground up and is an excellent successor to previous CEO.