RE:11.73$ price target on GIII GIII's problem today has been the same problem for the last 3 years. its been an ongoing concern and yet still can't manage to raise the $100MM in funds they require to retrofit the initial refinery at bowden. yes we can say how wonderful a 50% ebitda margin company is, but this thing is still stuck on the launch pad with no gas in the tank.
Credit where credit is due, they have taken care of alot of peripheral objectives in order to solidify success chances, but god damn im getting tired of constantly hearing private placements for a few hundred grand at a time. That $$ needs to come soon.