Great Day!It was a very good day for PHO. I expect that we may get a surprise when the Q1/21 #'s come out. Market was expecting lower Q1#s than last years 6 cent blowout.
The chip shortage forces demand to pile up as the supply chain takes a hit. The global supply chain for chips coming out of Asia is squeezed , which will make north american companies look for alternates to Asia production.
Effectively the easiest way to get secure production is to develope that capability in house. Alternately they could buy the existing capability in north america. I believe the market is starting to see PHO as an aquisition target. The appoximately $45 million sitting in our bank account doesn't hurt either.
Investors got some insight into large chip makers Q1/21 numbers. GLTA Our time is just around the corner.
Muff